Verizon is preparing for one of its largest workforce reductions in recent years, with plans to eliminate more than 13,000 jobs as part of a sweeping restructuring under its newly appointed chief executive. The move aims to streamline operations, reduce expenses, and reposition the telecom giant amid intensifying competition and slowing wireless growth. The company’s leadership believes the restructuring will strengthen long-term profitability and accelerate investment in next-generation networks.