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HOME/COMPANIES/VERIZON/AUG 16, 2026
UPCOMING · ESTIMATEDPublished Jul 17, 2026

Verizon plans a new round of workforce reductions

EMPLOYEES AFFECTED
500
SHARE OF WORKFORCE
~0.4%
PLANNED DATE
Aug 16, 2026
CONFIRMED IN SOURCE
500 OF 135,000 EMPLOYEES

What we know

Department affected: corporate and retail operations.

Based on news reporting.

Summary

The article reports that Verizon is planning a new round of layoffs this week. It indicates the company intends to reduce its workforce as part of a further round of job cuts, but the article does not provide specific numbers, exact timing beyond 'this week', locations, or affected departments. No concrete employee counts or dates were given in the available headline/description. The piece situates the planned cuts as part of Verizon's ongoing workforce reductions, with limited detail on scope or reasons.

Verizon cut 500 jobs affecting its corporate and retail operations team as of August 16, 2026.

That is roughly 0.4% of the 135,000 people Verizon employs.

LayoffTalk has tracked 7 layoff events at Verizon since November 2025, affecting a combined 16,500 employees.

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SOURCE
News reporting
View original source ↗

Estimated figure based on news reporting. Not yet confirmed by Verizon.

V
VerizonVZ
Communication Services · 135,000 employees
7
EVENTS TRACKED
23K
AFFECTED SINCE 2025
View company profile

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CREATED JUL 17, 2026LAST UPDATED JUL 18, 2026