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Verizon layoffs: CEO Daniel Schulman's remarks about company’s 'critical inflection point' emerge. Here's what he said

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Verizon is planning its largest-ever job cuts, aiming to eliminate approximately 15,000 positions as part of a significant restructuring under new CEO Daniel Schulman. This move comes amid increased competition and customer losses, with the company seeking to improve efficiency and reduce costs. The layoffs are expected to largely spare the unionized workforce.



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