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New Verizon CEO Dan Schulman announced a major restructuring plan to combat market share losses to rivals like AT&T and T-Mobile. A month after his October 2025 appointment, the company cut roughly 13,000 jobs, representing about 13% of the workforce, to dismantle bureaucracy and force a cultural shift toward customer focus.
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Summary by ByteBrief
Vodafone Cuts 2,300 Jobs in Germany