Verizon Communications stock was rising on Wednesday after the wireless carrier beat on earnings, missed on revenue, and promised to make big changes to its business under new CEO Dan Schulman.

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This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Dan Schulman: Culturally, the organization needs to become less bureaucratic. It ...

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Verizon, one of the biggest telecommunications companies in the US, is preparing for its largest workforce reduction to date. The upcoming job cuts will reportedly impact about 15 per cent of ...

Verizon Communications Inc. is discussing plans to announce job cuts next week that could downsize the company by as much as 20 per cent, according to people familiar with the wireless carrier’s plans ...

Verizon is preparing to eliminate as many as 20,000 jobs and convert about 180 to 200 stores into franchises, marking one of the largest workforce reductions in its history, according to multiple ...

Job cuts are expected to hit one of the world’s largest telecommunications companies just over a month after crowning its new CEO. Verizon, which has operating revenue of $101.81 billion so far this ...

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