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Verizon is set to cut at least 15,000 jobs and convert 180 stores into franchises, marking its largest downsizing ever, according to reports from Reuters, the Wall Street Journal and Bloomberg on ...

If this is the year of publicly-traded companies signaling to Wall Street that they’re going to do more with less in preparation for an AI-driven economy, add Verizon to the list of giants cutting a ...

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 ...

Verizon is laying off more than 13,000 employees across its company, CEO Dan Schulman told employees on Thursday, Nov. 20. In an internal memo obtained by USA TODAY, Schulman informed employees on Nov ...

What we know so far: Verizon Communications is preparing to eliminate roughly 15,000 jobs in the coming days, people familiar with the matter told The Wall Street Journal, marking the largest ...

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 ...

The telcom giant becomes the latest to shed thousands of staff, but also sets up a training program for employees it is handing pink slips to. By Erik Hayden Executive Editor, Business If this is the ...