Part 3/15:
Similarly, Verizon has announced plans to cut around 13,000 jobs as part of a strategic overhaul aimed at fostering a more focused and competitive company. This includes a significant reduction in outsourced labor. The company's memo reveals a desire to streamline costs, especially concerning personnel, which is often the largest expense line in corporate budgets. Verizon’s leadership emphasizes the need to adapt to customer needs and expand market share, but the underlying message remains: layoffs are a key tool for achieving greater efficiency.