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The layoffs at Verizon reflect a broader trend in the telecommunications industry, where companies are frequently ...

Verizon Communications Inc., the leading mobile carrier in the U.S., is preparing for a significant financial adjustment in the third quarter of 2024. The company will record a pre-tax charge of up to ...

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Verizon will reduce its headcount by close to 5,000 people while taking a charge of close to $2 billion during Q3.

Over half of the employees concerned will exit in September and the rest by the end of March, according to the statement.