VZ cuts several hundred more jobs as Verizon pushes $5B in cost savings, expands AI automation, and continues restructuring into 2026.
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VZ cuts several hundred more jobs as Verizon pushes $5B in cost savings, expands AI automation, and continues restructuring into 2026.
Lumen's Q1 loss widens, and revenues slide, yet $13 billion in AI-driven PCF deals and NaaS traction fuel a hold-vs-wait debate.
General contracting company Tutor Perini (NYSE:TPC) fell short of the market’s revenue expectations in Q1 CY2026, but sales rose 11.5% year on year to $1.39 billion. Its non-GAAP profit of $1.03 per share was 7.8% above analysts’ consensus estimates.
LUMN posts wider Q1 loss as revenues fall 9%, while strategic sales hit 51% and an Alkira deal targets faster-growing east-west cloud connectivity.