The company is facing stronger market competition from industry rivals AT&T and T-Mobile.
People walk past a Verizon store in Manhattan’s Midtown neighborhood in New York on May 2, 2017. Bebeto Matthews/AP Photo
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Verizon, the largest U.S. wireless carrier, said on Nov. 20 that it will cut more than 13,000 jobs.
In a public memo to staff, Verizon CEO Dan Schulman confirmed that the company will begin overhauling its operations.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
