Verizon is reportedly preparing the largest layoff in its history, cutting about 15,000 jobs — roughly 15% of its workforce — starting next week. The move aligns with earlier rumors that employees would be notified around November 20. It’s still unknown which divisions will be affected, though less profitable corporate locations may also close. New CEO Dan Schulman aims to make Verizon “leaner and simpler,” though it’s unclear how such major cuts will impact customer service. Following the news, Verizon’s stock rose about 1.5%.
Source: Android Authority
