Business ❯ Corporate Finance

Cost Reduction

Operational Efficiency Financial Performance Layoffs Operational Restructuring Salary Cuts Efficiency Improvement Wage Cuts Workforce Management Profitability Employee Compensation Labor Costs Financial Strategy Investment Strategy Staffing Decisions Employee Benefits Personnel Management Employee Relations Investment Strategies Operational Performance Severance Charges Employee Costs Automation Budget Cuts Savings Plans Pandemic Impact

Verizon Confirms More Than 13,000 Job Cuts in Overhaul, Will Shift 179 Stores to Franchises

CEO Dan Schulman says the restructuring will simplify operations to redirect resources toward the customer value proposition.

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