Department affected: corporate (corporate employees).
Based on news reporting.
Verizon is set to close 274 retail stores and lay off 500 corporate employees as part of a reduction in its physical store footprint and corporate workforce. The announced cuts affect the company's corporate staff rather than front-line retail sales personnel directly, and accompany the shedding of dozens or hundreds of brick-and-mortar locations. The company framed the moves as part of a restructuring of its retail presence and corporate operations. No specific timeline or locations for the corporate layoffs were provided in the article title.
Verizon Wireless cut 500 jobs affecting its corporate (corporate employees) team as of July 16, 2026.
That is roughly 0.5% of the 108,500 people Verizon Wireless employs.
LayoffTalk has tracked 6 layoff events at Verizon Wireless since July 2024, affecting a combined 3,500 employees.
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