Dan Schulman

American businessperson, President and Chief Executive Officer of PayPal Holdings, Inc.

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Verizon sees positive growth in Q1 after decade-long struggle
business Apr 28, 2026, 2:00 AM
Verizon sees positive growth in Q1 after decade-long struggle
  • Verizon reported a net addition of 55,000 postpaid phone subscribers in Q1, the first positive net adds since 2013.
  • The company improved its churn rate, resulting in more effective use of marketing dollars.
  • These developments indicate early signs of progress in Verizon's multi-year transformation plan.
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Verizon plans significant layoffs to combat fierce market competition
business Nov 13, 2025, 1:16 PM
Verizon plans significant layoffs to combat fierce market competition
  • Verizon Communications Inc. is cutting approximately 15,000 jobs due to fierce competition in the telecommunications market.
  • The company has reported consecutive losses in postpaid phone subscribers for three quarters, prompting a need for operational changes.
  • These significant layoffs represent the largest job cuts in Verizon's history, indicating a critical strategic shift under new CEO Daniel Schulman.
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