Verizon Layoffs: US-Based Telecommunication Giant To Cut 15,000 Jobs as New CEO Dan Schulman Steps Into Role To Restructure Business and Drive Cost Transformation
15 Nov 2025 | Category: Technology
Verizon Layoffs are expected to cut around 15,000 jobs as new CEO Dan Schulman pushes a major cost transformation and restructuring effort. Facing rising competition and slowing customer growth, the telecom giant aims to streamline operations and reduce expenses. The reported layoffs would affect a significant share of its workforce as Verizon shifts strategy.
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