Verizon trims workforce via steady WARN filings, including 282 HQ roles
SOURCENews reportView the filing ↗
What we know
Location: Basking Ridge, New Jersey.
Based on news reporting.
Summary
Verizon has been steadily cutting jobs through a series of smaller actions rather than one mass layoff under CEO Dan Schulman. Fresh WARN filings through October show Verizon eliminating positions in New Jersey, New York and Massachusetts, including a specified elimination of 282 jobs at its Basking Ridge headquarters effective October 16, 2026. The article places those cuts in context of an earlier large restructuring announced in November 2025 (roughly 13,000–15,000 cuts) and subsequent rounds in May and July, plus store sales that removed roughly 3,000 retail and corporate roles from Verizon's payroll once conversions occurred. The moves are part of a cost-cutting plan tied to simplifying operations, funding investments (including fiber deals), and a $20 million career transition fund to retrain affected workers.
Verizon Communications Inc. cut 282 jobs in NJ as of October 16, 2026.
That is roughly 0.3% of the 101,200 people Verizon Communications Inc. employs.
LayoffTalk has tracked 25 layoff events at Verizon Communications Inc. since September 2023, including 852 jobs documented in official WARN filings, with 20 additional events known from news reporting.
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