#cost-structure

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fromThe Verge
6 days ago

Verizon is laying off over 13,000 workers

The pride you have for the role that Verizon plays in people's lives is abundantly clear, as is your desire for us to lead the industry. As I shared at our most recent all-employee meeting, we need to change and evolve as a company to meet the needs of our customers and expand our market leadership. Our current cost structure limits our ability to invest significantly in our customer value proposition. We must reorient our entire company around delivering for and delighting our customers.
Business
Business
fromFortune
2 months ago

Most business turnarounds fail. Here's why the best ones cut to strength | Fortune

Rapid, decisive leadership commitment, aligned governance, adequate funding, and radical simplification focused on core strengths are required for sustainable corporate turnarounds.
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