Verizon to cut up to 15K jobs
Digest more
The Verizon layoffs are the latest in series of headlines about job-cutting, which may have employees worrying about their own job security.
Reports of the Verizon layoffs now have a number attached to them. Around 15,000 jobs could be cut as early as next week under the new CEO.
If you've been looking for a way to save some money, Verizon has a new internet plan worth checking out. The company's new Home Internet Lite plan is "aimed at helping connect customers with limited connectivity options or those on the hunt for a low-cost option.
Verizon Communications Inc. is discussing plans to announce job cuts across the company next week, according to people familiar with the wireless carrier’s plans, a major step in a transformation led by new Chief Executive Officer Dan Schulman.
Over the past few months, Verizon has landed in hot water for a number of pricing changes that it enforced, which resulted in higher monthly bills for its phone customers. As these price hikes rolled out throughout the year,
Verizon is reportedly preparing to cut about 15,000 jobs next week in its largest round of layoffs, following three straight quarters of subscriber losses. The company’s new CEO has pledged to aggressively reduce costs.