Verizon Communications Aktie News

Enterprise Products Partners has increased its dividend for 27 straight years. Verizon recently extended its dividend growth streak to 19 years in a row.

Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company.

AT&T (NYSE: T) and Verizon (NYSE: VZ) both reported Q3 earnings in late October, revealing two telecom giants moving in sharply different directions.

Verizon Communications Inc (NYSE:VZ, XETRA:BAC) confirmed on Thursday that it plans to lay off more than 13,000 employees, roughly 13% of its workforce, as part of a broad cost-cutting and restructuring initiative under new CEO Dan Schulman. The reductions, the largest in Verizon's history, aim to simplify operations, reduce internal complexity, and strengthen the company's focus on customer ex...

Verizon will lay off more than 13,000 workers as new CEO Dan Schulman implements an aggressive cost-cutting strategy to compete with AT&T and T-Mobile.

Verizon said Thursday that it will lay off more than 13,000 employees. The company started 2025 with about 100,000 employees.

Verizon's stock has been a major laggard and the company has failed to show annual earnings growth recently. CEO Dan Schulman says layoffs will make Verizon “faster and more focused.

U.S. wireless carrier Verizon said Thursday it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs and restructure operations.