The former Verizon CEO ousted last month by the company’s board could still collect most of his $20 million pay package — ...

With approximately 100,000 current employees, the cuts will affect approximately 15% of the company's workforce.

Verizon will look to cut around 15,000 jobs as the company faces stiff competition in the wireless and home internet markets.

CEO Daniel Schulman, who formerly headed PayPal’s global transformation and Virgin Mobile’s $483 million sale, looks to turn ...

This is the latest in a series of mass layoff announcements throughout the US economy, as companies respond to a deepening ...

Verizon is set to cut at least 15,000 jobs and convert 180 stores into franchises, marking its largest downsizing ever, ...

Verizon is planning to cut about 15,000 jobs, a person familiar with the matter told Reuters on Thursday. The layoffs, the ...

Reports of the Verizon layoffs now have a number attached to them. Around 15,000 jobs could be cut as early as next week ...

The company's largest ever layoffs outline some of the executive's first efforts to restructure in the face of rising ...

The telecommunications company – under the helm of a new CEO who pledged to cut costs and reverse customer losses – is slated ...

Verizon is reportedly preparing its largest-ever layoff, with about 15,000 jobs expected to be cut starting next week.

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