The company aims to simplify operations and remain competitive amid subscriber losses to rivals like AT&T and T-Mobile.

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

Tracfone is part of the Verizon Value portfolio of prepaid brands to serve today's value-conscious consumer. The brand's work with OATS is the latest launch as part of the Value Cares social impact ...

Hans Vestberg has an ally on Verizon’s board who insists the departing CEO should still get the bulk of his pay, according to ...

Verizon also said it plans to convert 179 corporate-owned retail stores ‌into franchised operations and close one store. Verizon's new CEO, Dan ...

The cuts, following the appointment of former PayPal boss Dan Schulman as CEO in early October, are aimed at its non-union ...

American telecommunications company is set to reduce 15,000 jobs as subscriber growth slows down and competition rises.

The company's largest ever layoffs outline some of the executive's first efforts to restructure in the face of rising ...

Verizon will cut about 15,000 jobs—its largest-ever layoffs—as new CEO Dan Schulman pushes aggressive cost restructuring amid ...

Verizon is planning to cut about 15,000 jobs in the telecommunications company’s largest-ever layoffs as part of a ...