Ousted Verizon boss could still pocket most of $20M salary as company cuts 15,000 jobs: report
1. Former CEO Vestberg ousted amid customer losses and layoffs. 2. Verizon lost 7,000 customers in Q3, missing Wall Street expectations. 3. New chairman admits market share loss is unsustainable. 4. Dan Schulman focuses on aggressive cost cuts and customer-centric strategies. 5. Stock price down 30% over five years, raising investor concerns.