Verizon will cut about 15,000 jobs after new CEO says ‘cost reductions will be a way of life for us here’
Verizon will cut about 15,000 jobs after new CEO says ‘cost reductions will be a way of life for us here’
fortune.com
Verizon will cut about 15,000 jobs after new CEO says ‘cost reductions will be a way of life for us here’ | Fortune

"Cost reduction" is another way to say falling sales.
Or maximizing profit. They could be doing fine sales wise, but the number always has to go up.