Verizon to lay off 13,000 as US job market shows solid September hiring but also rising joblessness

  • Posted on November 21, 2025
  • By Business News Today
  • 1 Views
Verizon to lay off 13,000 as US job market shows solid September hiring but also rising joblessness

America's job market presents a puzzling picture. September saw more jobs created than expected, yet unemployment reached a four-year high. Verizon is cutting over 13,000 jobs in a major overhaul. These events suggest a shifting economy, influenced by artificial intelligence and corporate cost-saving measures, leading to a more selective hiring approach across industries.
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Business News Today

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