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'Cost transformation' | New Verizon CEO to axe 15,000 jobs in operational overhaul

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HR Grapevine | Executive Grapevine International Ltd
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Verizon is preparing to eliminate approximately 15,000 roles as incoming CEO Dan Schulman advances a restructuring plan that he has described internally as a “cost transformation.”

The reduction represents around 15% of the workforce and marks the largest job cut the company has ever undertaken.

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