NYSE:VZTelecom
Does Verizon’s (VZ) Cost-Cutting Drive Signal a New Phase in Operational Transformation?
In recent days, Verizon Communications announced plans to reduce its workforce by over 13,000 jobs and further cut expenses related to outsourcing and contracted labor in a major cost-cutting initiative. This restructuring comes alongside a series of substantial fixed-income offerings and new collaborative efforts in connected health technology, indicating broad operational changes across the business.
Validic also announced a new collaboration, including Verizon as a partner, aimed at...