Verizon to cut about 15,000 jobs as new CEO reshuffles, source says

Verizon to cut about 15,000 jobs as new CEO reshuffles, source says

David Shepardson and Harshita Mary Varghese WASHINGTON (Reuters) – Verizon’s new chief executive plans to cut about 15,000 jobs in the biggest layoffs ever at a U.S. telecom company, a person familiar with the matter told Reuters on Thursday, outlining some of the chief executive’s first efforts to restructure in the face of increasing competition. … Read more