AILight Readingabout 2 hours ago
AT&T and Verizon Cut 8,000 Jobs in Quarter
6 min read
AT&T and Verizon combined cut 8,000 jobs in a single quarter, representing nearly 4% of their total workforce. While Verizon CEO Dan Schulman predicts AI agents could outnumber humans by 100 billion, unemployment remained at 4.2%. The pair employed roughly 228,500 people in June, down from 280,000 in 2020, with Verizon specifically reducing staff by 17% over the period.
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