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Verizon plans to cut 15,000 jobs

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ago in General Factchecking by Newbie (210 points)
This article claims that Verizon is planning to carry out job cuts for around 15,000 workers. The article mentions that this change could be due to the company trying to stabilize itself and climb back up the telecom ladder, as it has been struggling to compete with other brands. Is this claim true?
https://news.yahoo.com/news/finance/news/verizon-just-triggered-15-000-182534286.html

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