Verizon layoffs: 15,000 to be fired, stock skyrockets as broader markets fall
Verizon is making big changes to improve its business. The company announced major job cuts and new plans under its new CEO, Dan Schulman. Verizons stock went up after the news, showing investor support. The company also faces tough competition from AT&T and T-Mobile in the fast-changing U.S. wireless market.
Verizon is making big changes to improve its business. The company announced major job cuts and new plans under its new CEO, Dan Schulman. Verizons stock went up after the news, showing investor support. The company also faces tough competition from AT&T and T-Mobile in the fast-changing U.S. wireless market.
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