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The Latest Breaking News from Dan Schulman

Verizon's New CEO Says Layoffs Are 'A Way of Life' — 15,000 Workers About to Learn What That Means

Verizon's new CEO Dan Schulman has declared cost cuts 'a way of life' as up to 15,000 jobs face the axe. With $1.8 billion already earmarked for severance, this is 2026's first warning shot.

International Business Times UK

Verizon is laying off over 13,000 workers

US mobile network giant Verizon will end 13,000 worker contracts, along with many more outsourced workers.

TechRadar

Verizon laying off more than 13,000 employees as it begins restructuring

‘We must reorient our entire company around delivering for and delighting our customers,’ Schulman wrote

The Independent UK

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Verizon's Layoff Plan Exposes Growing Divide Between Investors and Employees

Around 15% of Verizon Communications will be out of jobs before Christmas on news of an impending workforce reduction.

International Business Times UK

Verizon to Transform 180 Stores into Franchises, Cutting Thousands of Jobs

Verizon plans to cut 15,000 jobs and convert 180 stores into franchises amid rising competition.

International Business Times

Is Verizon in Trouble? Massive Layoffs of 15,000 Jobs Spark Fears Over Company's Future

Verizon's shocking 15,000 layoffs have ignited fears about the company's stability. Is the telecom giant facing a deeper business crisis than it admits?

International Business Times UK

New Verizon CEO Dan Schulman, Former PayPal Chief, Announces 20% Workforce Reduction Amid Challenges

Dan Schulman, Verizon's new CEO and former board member, plans to cut 15,000 jobs, over 20% of management, following massive acquisitions that analysts say drove the need for cuts.

International Business Times UK

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New Verizon CEO's Bold Plan Signals Shift Toward Smarter, Leaner Growth

Verizon Communications Inc. (NYSE:VZ) delivered stronger-than-expected quarterly results and a steady outlook that helped calm industry concerns over subscriber losses and pricing pressure.

Benzinga

VZ Stock Update: Verizon Shares Rise Despite Revenue Miss; New CEO Signals Turnaround Effort

Verizon Communications Inc. (NYSE: VZ) shares edged higher Wednesday after the telecom giant reported stronger-than-expected third-quarter earnings and subscriber growth, even as revenue fell short of Wall Street expectations.

International Business Times

Verizon Expands Fiber Reach With Eaton Deal, Eyes Growth Under New CEO Dan Schulman

Verizon Communications Inc. ((NYSE, NASDAQ:VZ) has entered into a new commercial fiber agreement with Eaton Fiber LLC, an affiliate of Tillman Global Holdings, to accelerate Verizon's broadband and mobility convergence strategy and strengthen its position in premium connectivity services.

Benzinga

This High-Yield Dividend Stock Just Got a New CEO. Should You Buy Its Shares Now?

Verizon’s 6.5% yield looks attractive after appointing ex-PayPal CEO Dan Schulman, who brings tech and telecom experience, despite an initial 5% stock dip.

Barchart

Why Verizon’s new CEO must partner with the CFO on a clear market strategy

Former PayPal CEO Dan Schulman was announced as Verizon’s new chief executive on Oct. 6, 2025.

Fortune

Ex-PayPal chief Dan Schulman appointed CEO of Verizon

Also: All the news and watercooler chat from Fortune.

Fortune

Verizon Shares Slide, Ex-PayPal CEO Takes Over As CEO

Verizon Communications Inc. (NYSE:VZ) shares are trading lower on Monday following news of the chief executive officer transition.

Benzinga

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Barchart

U.S. Consumer Spending Suggests PayPal Could Be a Contrarian Options Play

The Commerce Department reported yesterday that the economy’s annual growth rate was 4.9% in the third quarter, the fastest pace in almost two years, and more than double the second quarter.

Marie Claire

Creating a Career With Purpose

Two CEO's tells all.

Fortune

PayPal’s outgoing CEO is bullish on crypto. What will be the company’s approach under Alex Chriss, owner of 2 Crypto Hippos NFTs?

The payments giant’s long-reigning CEO, Dan Schulman, will retire at the end of 2023.

Zenger

PayPal Unveils USD-Backed Stablecoin PYUSD In Digital Payments Revamp

In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc

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Fortune

PayPal launches stablecoin after pausing development amid regulatory scrutiny

Paxos, a a white-label stablecoin maker, is the issuer of PayPal USD.

Barchart

PayPal’s Unusual Options Activity Sending Mixed Signals

PayPal’s stock is down more than 11% in Thursday trading on higher-than-average share and options volume. With the fintech’s options unusually active, it’s hard to know whether that means it’s a buy or sell.

Fortune

PayPal CEO says A.I. is already making one of his teams 30% more productive

Dan Schulman was one of seven CEOs to weigh in on the early lessons of generative A.I.

Fortune

Business leaders are 'likely underestimating' the potential of A.I., but there is still some risk

Technology has always progressed at a rapid pace, but the last few quarters appear to have moved faster than ever.

Fortune

CEOs are retiring, but giving up power isn’t easy

An organizational psychologist explains how boards can help CEOs keep their inner demons at bay during the difficult months they spend saying goodbye.

Irish Mirror

PayPal confirms office closure and 62 redundancies across Irish workforce

The announcement was made on the American multinational fintech company's website

Fortune

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

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