Verizon To Layoff 15,000 Staff
Earlier in October, Schulman had said that the firm requires aggressive change which includes cost transformation and fundamentally restructuring of expense base. He was of the opinion that Verizon needs to have a simpler, leaner and scrappier business. He had added that Verizon’s financial growth has mostly relied on price increases and the subscribers growth has not been taken into aspect which framing a sustainable strategy.
