Verizon Cuts Several Hundred Jobs in Business Overhaul

Verizon is cutting several hundred jobs across the U.S. to revamp operations. The carrier is realigning its workforce to focus on growing business segments.

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Verizon Communications INC is cutting several hundred jobs across the United States as part of a nationwide operational revamp. The reduction follows a larger round of 13,000 layoffs Verizon implemented in November. The carrier is rebalancing headcount to grow expanding divisions while making targeted reductions elsewhere.

Verizon Targets Specific Business Units for Reductions

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