Telecom Giant Verizon Announces Major Layoffs: 13,000 Affected

The telecommunications company Verizon announced it will lay off more than 13,000 employees. Verizon Notified Employees by Letter Verizon CEO Dan Schulman wrote to company employees, stressing in his letter that the business must be renewed to satisfy customers’ expectations and to reinforce its market leadership. Schulman noted that the current financial structure restricts investments […]

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