Verizon has followed rival T-Mobile in laying off staff, CNET has learned.
“At times we could be increasing headcount in one area while decreasing the number of employees in others.
Meta said last week that it had frozen some roles amid itsfirst-ever revenue drop.
The environment is likely serving as a catalyst for price-conscious wireless consumers to start looking for deals.
In a bid to appeal to budget-conscious customers, Verizonintroduced a lower-priced “Welcome Unlimited"last month.
“We’re not satisfied with our performance.”
T-Mobile has risen nearly 26%.
Like Verizon, T-Mobile tried to downplay the cuts.
“These shifts primarily affect a small number of ‘back of house’ management and administrative roles.”
Fierce WirelessandThe T-Mo Reportpreviously reported on T-Mobile’s job cuts.
