How Verizon job cuts impact its 6% dividend yield

Verizon cut 13,000 positions in Q4 of 2025, according to a CNBC report. While initial reports suggested job cuts could reach 15,000, CEO Dan Schulman made clear this is just the beginning of a multi-year efficiency drive. The company's ongoing focus on cost savings will help the Dow Jones 30 member battle for share in a fiercely competitive market, supporting its lofty dividend yield of 6%. "We are building an in-year war chest of $5 billion in OpEx savings," Schulman said during the earnings call. "This ...