Business & Economy · 3 views
Inside Dan Schulman’s war on the old Verizon
At his first companywide meeting after becoming Verizon’s CEO in October 2025 , Dan Schulman dispensed with the usual corporate pleasantries.
Summary
At his first companywide meeting after becoming Verizon’s CEO in October 2025 , Dan Schulman dispensed with the usual corporate pleasantries. Speaking without notes or slides, he delivered a message that employees of the telecommunications giant weren’t used to hearing from the top: Verizon had surrendered market share to AT&T, -T-Mobile, and lower-cost providers, and its sprawling bureaucracy had become a problem. The company was losing badly. And, he warned, layoffs were coming.
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