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Verizon chairman and Oscar Health CEO Mark Bertolini told CNBC on Thursday that the telecom company’s board “needed to act” with its leadership transition. In October, the company announced Dan Schulman would be replacing Hans Vestberg, who had led the company since 2018. In a statement at the time, Schulman said Verizon was at a “critical juncture” and that he believed the company had a “clear opportunity to redefine our trajectory.” Read the full story, only on CNBC: cnb.cx/49iyyYI | CNBC
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Verizon's new CEO Dan Schulman is preparing to cut 15,000 jobs in the US, marking the telecom giant's biggest workforce reduction ever due to mounting market pressure and lagging customer additions https://reut.rs/3JCGrOi | Reuters
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