The decision marks the largest-ever round of layoffs at the company after new CEO Dan Schulman took the helm last month.

Shares of Verizon are trending Thursday. The telecommunications company is set to being laying off thousands of workers.

U.S. employees will be notified Thursday if they are being laid off in Verizon’s largest-ever round of workforce cuts.

Verizon (VZ) will notify over 13,000 employees of layoffs beginning Thursday, aiming to reduce costs and reverse customer losses, CEO Dan Schulman ...

A household name in tech is the latest to announce a wave of layoffs. On Tuesday, Hewlett-Packard — the 86-year-old ...

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Verizon is beginning to lay off more than 13,000 workers on Thursday in an effort to trim down staff and increase investments. “We must reorient our entire company around delivering for and ...

Dan Schulman took over as CEO of telecom giant Verizon Communications in October. The company has announced 13,000 job cuts ...