# Verizon's Big Cuts and Rural Push | Chicago News

Page: https://stenobird.com/podcast/chicago-news-today-2-min-news-the-daily-news-now-7463314/verizon-s-big-cuts-and-rural-push-chicago-news
Text version: https://stenobird.com/podcast/chicago-news-today-2-min-news-the-daily-news-now-7463314/verizon-s-big-cuts-and-rural-push-chicago-news.md
Podcast: [Chicago News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/chicago-news-today-2-min-news-the-daily-news-now-7463314)
Published: 2026-07-17T13:59:00+00:00
Episode link: https://sources.thednn.ai/678571ae8dd97752
Audio file: https://api.fastcast.ai/audio/a65e58c4-74da-45d5-84bf-95572492a71d.mp3
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Duration seconds: 70

## Resource

Verizon’s slashing 500 corporate jobs and shuttering nearly 300 retail stores—adding to over 13,000 cuts since November—as it fights to stay ahead in a brutal telecom race with AT&T and T-Mobile. To win back customers, they’re slashing fees, rolling out cheaper plans, and launching a loyalty program. The store closures, hitting August 16, could devastate retail workers, though Verizon vows to partner with new owners to preserve service quality. Meanwhile, the big three telecom giants are teaming up to expand rural coverage via satellites—possibly to outpace rivals like Starlink. The industry is in full flux, with every move a high-stakes gamble for survival. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/678571ae8dd97752

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