Verizon axing DEI programs as it seeks FCC approval for $9.6B Frontier deal

1. Verizon is ending DEI programs amid FCC scrutiny regarding its Frontier deal. 2. FCC Chair criticized Verizon's DEI policies as a potential Frontier deal obstacle. 3. Verizon will drop diversity goals and references from training and hiring practices. 4. Changes in DEI policies are effective immediately to align with regulatory expectations. 5. Approval for Verizon's $9.6 billion purchase of Frontier is approaching.