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US wireless carrier Verizon announced on Thursday it will lay off more than 13,000 employees marking its largest single job cut drive triggered by plans to shrink costs and restructure operations. The ...

Shortly after rumors began circulating that Verizon would be announcing major job cuts, the company has indeed confirmed mass layoffs, set to affect around 13,000 workers (or 13% of the firm’s ...

Less than two months into his role as chief executive of Verizon Communications, Dan Schulman has signaled a shakeup for the telecommunications company. First he suggested that Verizon VZ could get ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The job cuts will impact 13 percent of Verizon’s workforce. The job cuts will impact 13 percent of Verizon’s workforce. is a news writer who covers the streaming wars, consumer tech, crypto, social ...

NEW YORK (AP) — Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on ...

Nov. 20 (UPI) --Verizon said Thursday it will lay off thousands of jobs in a cost reduction measure. The telecommunications giant said some 13,000 workers will be let go due to "cost structure limits" ...

Verizon Is Cutting More Than 13,000 Jobs as It Works to 'Reorient' Entire Company NEW YORK (AP) — Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the ...

WASHINGTON (Reuters) -U.S. wireless carrier Verizon said Thursday it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs and restructure operations. Verizon also ...

The company started 2025 with about 100,000 employees. New CEO Dan Schulman said the cuts will make Verizon "faster and more focused." Telecommunications giant Verizon plans to lay off 13,000 ...