Verizon CEO Dan Schulman is pushing corporate leaders to be transparent about artificial intelligence-driven job cuts, departing from peers who downplay employment impacts.

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Verizon CEO Dan Schulman is pushing corporate leaders to be transparent about artificial intelligence-driven job cuts, departing from peers who downplay employment impacts. Schulman told the Wall Street Journal that authenticity and honesty are crucial during this transformative period. Verizon launched a $20 million career-transition fund after cutting 13,000 jobs last year. While Amazon and other tech giants emphasize new job creation from AI, a Boston Consulting Group report predicts AI will reshape roughly half of U.S. jobs within two to three years, with fifteen percent facing elimination. Schulman argues society should embrace the AI era as a renaissance moment, comparing it to when fire was first invented.

Verizon’s Dan Schulman Tells CEOs to Be Open About AI Job Cuts

Monday, April 20, 2026 at 10:40 AM

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