Verizon Communications has announced plans to implement a substantial reduction in its workforce. The company anticipates affecting approximately 15,000 employees, representing 15% of its total workforce. This restructuring is expected to occur starting next week. Verizon officials stated the measures are part of a broader effort to streamline operations and focus resources on key areas. The impact will be felt across various divisions, potentially affecting roles in network maintenance, sales, and customer support. The company intends to provide severance packages and transition support to affected employees.
Credits: Al Jazeera – Breaking News, World News and Video from Al Jazeera
