Verizon Announces Job Cuts and Store Franchising Ahead of Earnings Report
Verizon is cutting approximately 3,000 jobs and franchising 274 retail stores as part of a restructuring strategy under CEO Dan Schulman. These changes are set to take effect in mid-August and follow over 13,000 job cuts announced earlier this year.
Tickers: $VZ
Topics: Dividend Safety Job Cuts Restructuring Verizon