A specific layoff date has not been disclosed.
Based on news reporting.
Verizon has announced new layoffs as part of its ongoing cost-cutting measures, which are expected to continue into 2026. While specific numbers of employees affected have not been disclosed, the company is implementing these layoffs to streamline operations and reduce expenses. The announcement indicates a strategic shift in the company's approach to managing its workforce amidst evolving market conditions. Further details regarding the exact timing and locations of these layoffs have yet to be clarified, as the company continues to evaluate its operational needs.
Verizon Communications Inc. cut 7,000 jobs.
That is roughly 6.9% of the 101,200 people Verizon Communications Inc. employs.
LayoffTalk has tracked 29 layoff events at Verizon Communications Inc. since September 2023, affecting a combined 53,161 employees.
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Estimated figure based on news reporting. Not yet confirmed by Verizon Communications Inc..
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