{
  "data_version": "1",
  "schema": "https://whatledto.com/data",
  "id": "verizon",
  "name": "Verizon",
  "kind": "company",
  "url": "https://whatledto.com/who/verizon",
  "description": "",
  "same_as": [],
  "timelines": [
    {
      "slug": "spacex-ipo",
      "title": "SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups",
      "url": "https://whatledto.com/events/spacex-ipo",
      "json": "https://whatledto.com/events/spacex-ipo.json",
      "role": "Was identified as a major mobile carrier and its shares were reported to have declined.",
      "entries": 1,
      "updated_at": "2026-10-15T07:13:46.632065+00:00"
    },
    {
      "slug": "us-layoffs-register-2025-2026",
      "title": "Who Cut Jobs When: A Register of Major U.S. Layoffs, 2025 to 2026",
      "url": "https://whatledto.com/events/us-layoffs-register-2025-2026",
      "json": "https://whatledto.com/events/us-layoffs-register-2025-2026.json",
      "role": "Announced more than 13,000 cuts, mostly in the United States, while saying its own AI use was not the cause.",
      "entries": 1,
      "updated_at": "2026-10-14T04:46:20.238221+00:00"
    }
  ],
  "entries": [
    {
      "timeline": "spacex-ipo",
      "id": 1986,
      "url": "https://whatledto.com/events/spacex-ipo#n1986",
      "date": "2026-10-09",
      "date_precision": "day",
      "title": "Telecom shares fall after Grain spectrum agreement",
      "summary": "Reuters reported that T-Mobile shares fell 13.2%, while AT&T and Verizon shares each fell about 10% during the session. Reuters reported that SpaceX shares rose 1.2% in afternoon trading.",
      "type": "report",
      "entities": [
        "SpaceX",
        "AT&T",
        "Verizon",
        "T-Mobile",
        "Grain Management"
      ],
      "parties": [
        "spacex",
        "at-t",
        "verizon",
        "t-mobile",
        "grain-management"
      ],
      "sources": [
        {
          "url": "https://ca.marketscreener.com/news/us-european-telecom-stocks-slide-as-spacex-spectrum-deal-rattles-sector-ce785ddfd18af221",
          "outlet": "Reuters via MarketScreener",
          "published": "2026-10-09",
          "quote": "SpaceX shares rose 1.2% in afternoon trading."
        }
      ]
    },
    {
      "timeline": "us-layoffs-register-2025-2026",
      "id": 458,
      "url": "https://whatledto.com/events/us-layoffs-register-2025-2026#n458",
      "date": "2025-11-20",
      "date_precision": "day",
      "title": "Verizon: more than 13,000 jobs, its largest single layoff",
      "summary": "New CEO Dan Schulman told employees Verizon would cut more than 13,000 positions, mostly in the U.S., and sharply reduce outsourced labour, after nearly 20,000 cuts over the previous three years, with a $20 million transition fund framed around skills for the age of AI. Verizon said the cuts were not the result of its own AI use.",
      "type": "announcement",
      "entities": [
        "Verizon",
        "Dan Schulman"
      ],
      "parties": [
        "verizon",
        "dan-schulman"
      ],
      "sources": [
        {
          "url": "https://www.cnbc.com/2025/11/20/verizon-cutting-more-than-13000-jobs-as-it-restructures-.html",
          "outlet": "CNBC",
          "published": "2025-11-20",
          "quote": "U.S. wireless carrier Verizon said Thursday it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs and restructure operations."
        }
      ]
    }
  ],
  "often_with": [
    {
      "id": "at-t",
      "name": "AT&T",
      "url": "https://whatledto.com/who/at-t",
      "json": "https://whatledto.com/who/at-t.json",
      "shared_timelines": 2
    },
    {
      "id": "t-mobile",
      "name": "T-Mobile",
      "url": "https://whatledto.com/who/t-mobile",
      "json": "https://whatledto.com/who/t-mobile.json",
      "shared_timelines": 2
    },
    {
      "id": "us-securities-and-exchange-commission",
      "name": "U.S. Securities and Exchange Commission",
      "url": "https://whatledto.com/who/us-securities-and-exchange-commission",
      "json": "https://whatledto.com/who/us-securities-and-exchange-commission.json",
      "shared_timelines": 2
    },
    {
      "id": "bloomberg",
      "name": "Bloomberg",
      "url": "https://whatledto.com/who/bloomberg",
      "json": "https://whatledto.com/who/bloomberg.json",
      "shared_timelines": 1
    },
    {
      "id": "reuters",
      "name": "Reuters",
      "url": "https://whatledto.com/who/reuters",
      "json": "https://whatledto.com/who/reuters.json",
      "shared_timelines": 1
    },
    {
      "id": "nvidia",
      "name": "Nvidia",
      "url": "https://whatledto.com/who/nvidia",
      "json": "https://whatledto.com/who/nvidia.json",
      "shared_timelines": 1
    },
    {
      "id": "alphabet",
      "name": "Alphabet",
      "url": "https://whatledto.com/who/alphabet",
      "json": "https://whatledto.com/who/alphabet.json",
      "shared_timelines": 1
    },
    {
      "id": "anthropic",
      "name": "Anthropic",
      "url": "https://whatledto.com/who/anthropic",
      "json": "https://whatledto.com/who/anthropic.json",
      "shared_timelines": 1
    }
  ],
  "license": {
    "holder": "What Led To",
    "terms": "https://whatledto.com/methodology#reuse",
    "summary": "Quote entries with attribution and a link to the entry; do not republish whole timelines or train models on the text."
  }
}
