November 14, 2025
Verizon's Huge Shakeup: Cuts 15,000 Jobs, Stock Soars Despite Market Woes
Verizon is making a massive move by cutting 15,000 jobs—about 15% of its workforce—as new CEO Dan Schulman drives change. Amid market crashes, Verizon shares rose 1.7%! The planned layoffs mainly hit non-union managers, plus 180 stores will become franchises. What’s brewing at Verizon? Find out!