The idea was for Verizon to be a global player in the advertisement sector alongside tech giants such as Facebook and Google, who have been dominating the space for years. However, it is clear that the company has struggled with market share in this area.
This is only weeks after Verizon announced a “voluntary separation” program where it offered severance packages to thousands of workers in an attempt to cut billions and streamline operations. It appears as though the company is doing everything that it can to cut costs in order to introduce its 5G technology program, which the company has been hyping up for some time now.
