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Verizon Reviews Marketing Partnerships Amid Cost-Cutting Initiatives

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Verizon Considers, Then Retains, NFL Sponsorship Amid Cost Cuts

Verizon considered reducing its high-profile NFL sponsorship as part of a broader company-wide effort to cut costs.

While executives ultimately decided against altering the multibillion-dollar deal, the telecommunications company is reviewing hundreds of millions of dollars in existing sports and music marketing partnerships.

This review is driven by new leadership's push for leaner operations.