ReferIndia News Verizon's Bold Restructuring: 15,000 Jobs Cut to Streamline Business

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Verizon's Bold Restructuring: 15,000 Jobs Cut to Streamline Business

Published on: Nov. 13, 2025, 10:10 p.m. | Source: Devdiscourse

Verizon plans to eliminate 15,000 jobs, equating to 15% of its workforce, as part of restructuring. The company aims to transition stores to franchises and focus on aggressive cost transformation. These changes follow Dan Schulman's appointment as CEO to tackle competition from AT&T and T-Mobile.

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