logo
welcome
Fortune

Fortune

Verizon to eliminate nearly 5,000 employees in $2 billion cost-cutting move

Fortune
Summary
Nutrition label

84% Informative

Verizon Communications Inc. will take a pre-tax charge of as much as $1.9 billion in the third quarter tied to 4,800 planned job cuts.

The biggest US mobile carrier announced a voluntary separation program for some US -based management positions in June .

Over half of the employees concerned will exit in September and the rest by the end of March .

VR Score

89

Informative language

88

Neutral language

82

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links