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UPCOMING · ESTIMATEDPublished Apr 28, 2026

Verizon Announces Planned Layoffs as Cost-Cutting Measures Continue

EMPLOYEES AFFECTED
7,000
SHARE OF WORKFORCE
~6.9%
PLANNED DATE
Not disclosed
7,000 OF 101,200 EMPLOYEES

What we know

A specific layoff date has not been disclosed.

Based on news reporting.

Summary

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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SOURCE
News reporting
View original source ↗

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

V
Verizon Communications Inc.VZ
Communication Services · 101,200 employees
29
EVENTS TRACKED
168K
AFFECTED SINCE 2023
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CREATED APR 28, 2026LAST UPDATED JUL 3, 2026