{"id":974055,"date":"2025-11-15T08:18:10","date_gmt":"2025-11-15T02:48:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=974055"},"modified":"2025-11-15T08:28:23","modified_gmt":"2025-11-15T02:58:23","slug":"verizon-to-cut-about-15000-jobs-as-new-ceo-restructures","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/15\/verizon-to-cut-about-15000-jobs-as-new-ceo-restructures\/","title":{"rendered":"Verizon to cut about 15,000 jobs as new CEO restructures"},"content":{"rendered":"<p>WASHINGTON: Verizon&#8217;s new CEO is planning to cut about 15,000 jobs in the U.S. telecommunications company&#8217;s largest ever layoffs, a person familiar with the matter told Reuters on Thursday, outlining some of the executive&#8217;s first efforts to restructure in the face of rising competition. <\/p>\n<p>The wireless carrier faces mounting market pressure amid concerns over a shrinking pool of new customers as older rivals offer cheaper plans and cable operators jump into the fray.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON: Verizon&#8217;s new CEO is planning to cut about 15,000 jobs in the U.S. telecommunications company&#8217;s largest ever layoffs, a person familiar with the matter told Reuters on Thursday, outlining some of the executive&#8217;s first efforts to restructure in the face of rising competition. The wireless carrier faces mounting market pressure amid concerns over a shrinking pool of new customers as older rivals offer cheaper plans and cable operators jump into the fray.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-974055","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=974055"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974055\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=974055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=974055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=974055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}