Verizon’s ‘bold’ new direction will apparently include mass layoffs

TL;DR

• Rumors suggest Verizon will announce layoffs and store closures around November 20, though details remain unconfirmed.
• The company reportedly plans to shut down less-profitable stores and cut staff across remaining locations, while expanding AI automation to fill the gaps.
• It’s unclear if other big changes will be announced around this time, though it’s possible that there’s more to this coming shift than just layoffs.