{"schema_version":"secwatch.filing_event.v1","accession":"0000732712-24-000056","form_type":"8-K","ticker":"VZ","cik":"0000732712","company_name":"VERIZON COMMUNICATIONS INC","filed_at":"2024-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.747305+00:00","generated_at":"2026-05-31T05:21:23.017707+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Verizon expects $1.7B-$1.9B severance charge in Q3 2024; 4,800 to separate","bullets":["Voluntary separation program for U.S. management employees: ~4,800 eligible; over half exit Sept 2024, rest by March 2025.","Records severance charge of $1.7B-$1.9B ($1.3B-$1.4B after-tax) in Q3 2024.","Also records asset and business rationalization charges of $230M-$380M ($170M-$290M after-tax) from ceasing real estate and exiting non-strategic businesses."],"urls":{"canonical":"https://secwatch.observer/filing/0000732712-24-000056","json":"https://secwatch.observer/filing/0000732712-24-000056.json","markdown":"https://secwatch.observer/filing/0000732712-24-000056.md","text":"https://secwatch.observer/filing/0000732712-24-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732712/000073271224000056/0000732712-24-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732712/000073271224000056/vz-20240912.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:21:23.017707+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}