Verizon to Cut About 15,000 Jobs
Postedabout 2 months agoActiveabout 2 months ago
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Verizon is planning to cut about 15,000 jobs, sparking discussions about the potential reasons and implications, including the possible impact of emerging technologies like AGI.
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- 01Story posted
Nov 13, 2025 at 3:56 PM EST
about 2 months ago
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Nov 13, 2025 at 3:57 PM EST
54s after posting
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3 comments in 0-2h
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Nov 14, 2025 at 10:04 AM EST
about 2 months ago
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Discussion (4 comments)
Showing 4 comments
rvz
about 2 months ago
3 repliesThis is AGI.
lambersleyAuthor
about 2 months ago
It doesn't sound like it. The articles references competition from low-cost providers, for which I'm assuming, VZN cannot match. As well, converting corporate stores into private franchises would have nothing to do with AGI.
DebtDeflation
about 2 months ago
More like financial engineering. When Wall Street demands ever increasing EPS growth, but revenues are flat or declining and you don't have cash to buy back shares, cost cutting is the only option. Unfortunately, labor costs are the bulk of most companies' costs, so that means layoffs. It would be nice if companies had a financial horizon that extended beyond the current quarter but that seems more and more like a pipe dream.
coldtea
about 2 months ago
Few of layoffs you see are due to AI (and none are AGI, as that doesn't exist atm). It's just a convenient excuse to justify the job cuts AND appear adopting new tech, a costs / stock market win-win when expecting economic stagnation to continue
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ID: 45920422Type: storyLast synced: 11/17/2025, 6:04:15 AM
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