Verizon CEO Dan Schulman says the company is cutting 13,000 jobs
Verizon CEO Dan Schulman said in a Nov. 20 letter to employees that the wireless telecom is cutting 13,000 employees, or about 13% of its workforce, as it seeks to “evolve as a company” by slashing costs and restructuring operations. The company employed 99,600 workers at the end of 2024, according to its most recent annual…