Bernstein Reiterates a Hold on Verizon Communications (VZ)

​The standing follows a study by Reuters released connected November 13, which noted that the company’s caller CEO is readying to chopped 15,000 jobs. The study highlighted this layoff to beryllium the largest ever successful the company’s history. The layoff is anticipated to impact 15% of the company’s workforce and is expected to instrumentality spot this week. Reuters sources noted that Verizon Communications Inc. (NYSE:VZ) volition trim its non-union absorption ranks by much than 20% and besides plans to person 180 retail stores into franchises.

​Verizon Communications Inc. (NYSE:VZ) has been facing marketplace unit owed to concerns regarding little caller lawsuit additions. Moreover, competitors are offering cheaper plans, making the contention adjacent tougher for the company. For instance, the institution added lone 44,000 monthly bill-paying wireless subscribers during fiscal Q3 2025, versus AT&T, which added much than 1 cardinal nett subscribers during the aforesaid time.

​​Verizon Communications Inc. (NYSE:VZ) is simply a holding institution that offers communications and exertion services done its subsidiaries.

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