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UPCOMING · ESTIMATEDPublished May 8, 2026

Verizon Plans to Cut Hundreds of Jobs Amid Restructuring

EMPLOYEES AFFECTED
300
SHARE OF WORKFORCE
~0.3%
PLANNED DATE
Not disclosed
300 OF 101,200 EMPLOYEES

What we know

A specific layoff date has not been disclosed.

Based on news reporting.

Summary

Verizon is reportedly planning to cut hundreds of jobs as part of its ongoing restructuring efforts. While the exact number of layoffs is not specified, reports indicate that the company intends to reduce its workforce by approximately 300 positions. This decision comes as Verizon continues to navigate challenges in the telecommunications industry, aiming to streamline operations and improve efficiency. The company has not provided a specific timeline for when these layoffs will take place, but they are part of a broader strategy to adapt to market demands.

Verizon Communications Inc. cut 300 jobs.

That is roughly 0.3% 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
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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 MAY 8, 2026LAST UPDATED JUL 3, 2026