Verizon CEO Defends Layoffs, Seeks Customer Satisfaction
Update: 2025-12-08
Description
Verizons new CEO, Dan Schulman, defends laying off 13,000 employees to simplify operations and improve customer satisfaction, citing market share loss and financial inflexibility as key issues. This move aligns with a broader trend of job cuts in the telecom industry and corporate America, with over one million jobs lost in the U.S. this year.
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