NYSE:VZTelecom
Is Verizon’s CEO Shift, Major Layoffs, and Steady Dividend Altering The Investment Case For Verizon (VZ)?
Earlier this month, Verizon Communications appointed former PayPal CEO Dan Schulman as its new chief executive, launched its largest-ever layoffs exceeding 13,000 roles, and on December 4 affirmed a quarterly dividend of US$0.69 per share payable on February 2, 2026.
By cutting headcount to redirect cash toward AI, customer service, and network investments while maintaining its long-running dividend growth, Verizon is signaling a reset in how it balances shareholder income with reinvestment...