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Thursday, September 26, 2024
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HomeTechVerizon to take up to $1.9 billion severance charge in third quarter

Verizon to take up to $1.9 billion severance charge in third quarter

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(Reuters) – Verizon on Thursday said it expects to record a severance charge in the range of $1.7 billion to $1.9 billion in the third quarter as a result of a previously announced voluntary separation program.

(Reporting by Deborah Sophia in Bengaluru; Editing by Pooja Desai)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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