Verizon's net income declined to $3.4 billion from $4.9 billion a year ago due to $1.7 billion in severance charges resulting from a voluntary separation program and other headcount reduction ...

Verizon Communications shares fell after the ... including a $1.7 billion severance charge related to job cuts and voluntary redundancies. The company also incurred a $374 million charge related ...

Verizon Communications recorded a smaller profit ... including a $1.7 billion severance charge related to job cuts and voluntary separations for certain management employees in the U.S. The ...

Verizon Consumer had fixed wireless net additions of 209,000. Verizon's net income declined to $3.4 billion from $4.9 billion a year ago due to $1.7 billion in severance charges resulting from a ...

Verizon's core wireless service business continued ... including $1.7 billion related to severance charges for layoffs. Smartphone upgrades have slowed down even with the release iPhone 16 ...

Verizon posted mixed results in its third-quarter ... including $1.7 billion related to severance charges for layoffs. Smartphone upgrades have slowed down even with the release iPhone 16, and ...

Highlights,Verizon Communications Inc. reports revenue miss for the third quarter.,Wireless services show growth in retail ...

Verizon said its lackluster profit numbers were because of more than $2.3 billion in one-time charges for acquisitions, severance costs, and other charges. Excluding special items, Verizon's ...

Verizon has been enhancing its 5G capabilities ... Another critical factor was the $1.7 billion severance charge impacting operating income, part of strategic restructuring efforts to streamline ...

Verizon executives have touted the potential for Generative AI to provide a solid revenue stream in the future, but cautioned ...