Verizon’s Media Group to Cut 7% of Workforce

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2:17 PM ET Wed, 23 Jan 2019


Verizon Media Group, formerly known as Oath, is laying off 7 percent of its workforce, a person familiar with the change told CNBC. The layoffs affect approximately 800 employees of the Verizon division and follow company-wide buyouts in December.

Source: https://www.cnbc.com/video/2019/01/23/verizons-media-group-to-cut-7-percent-of-workforce-source.html?__source=cnbc