Verizon to Cut 15,000 Jobs Amid Restructuring and AI Focus
Verizon to cut about 15,000 jobs as it restructures, a figure that’s definitely making waves. It seems that the word “restructure” has become a familiar, and often unwelcome, term in the business world, and in this case, it unfortunately signals a significant workforce reduction. The reality is that companies are under pressure, and sometimes, the easiest way to try and maintain the appearance of growth, or even just profitability, is by cutting costs, and sadly, that often means cutting jobs.
This job cut, as many have suspected, is likely tied to the implementation of AI and automation. While there’s a lot of hype surrounding AI, the truth is that for many companies, it’s becoming a key part of their strategy to replace human workers.… Continue reading
Matt Underwood 
John Q. Hosedrinker