No job? No office phone? Thanks DOGE.

No job? No office phone? Thanks DOGE.

Verizon lost nearly 300,000 monthly phone subscribers in the first quarter. The telecom giant put partial blame on ongoing government layoffs. Verizon will bounce back, analysts say, but its bad news may be followed by similar corporate disclosures reflecting DOGE-driven funding cuts and an atmosphere of paring back. Later in this episode, the U.S. lags China in nuclear power expansion, economic instability hinders AI data center investment and …

Verizon blames government spending cutbacks for its poor phone subscriber numbers

Verizon reported a larger drop in postpaid monthly phone subscribers than expectedDavid Ramos / Getty ImagesVerizon's postpaid monthly phone subscribers fell more than expected.The company partly blamed federal government cuts for the larger-than-anticipated subscriber drop.Some company executives have expressed fear that DOGE's efforts will harm their bottom lines.Verizon lost more phone subscribers than expected in the first quarter — and said…