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Telecom giant Verizon has begun laying off some 13,000 employees as part of a new reorganization initiative. Approximately a week ago, the Wall Street Journal reported that Verizon was considering job cuts. Now, the layoffs have begun, according to an email viewed by Gizmodo.
“Our current cost structure limits our ability to invest significantly in our customer value proposition,” wrote Verizon’s new-ish CEO, Dan Schulma, in an email sent Thursday and shared with Gizmodo (the…
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Telecom giant Verizon has begun laying off some 13,000 employees as part of a new reorganization initiative. Approximately a week ago, the Wall Street Journal reported that Verizon was considering job cuts. Now, the layoffs have begun, according to an email viewed by Gizmodo.
“Our current cost structure limits our ability to invest significantly in our customer value proposition,” wrote Verizon’s new-ish CEO, Dan Schulma, in an email sent Thursday and shared with Gizmodo (the…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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