Verizon: 500 jobs cut
Verizon announced plans to lay off approximately 500 corporate employees as part of its ongoing restructuring efforts. This follows a significant reduction of 13,000 jobs in the previous year. The layoffs were confirmed by a company spokesperson and are part of a strategy to enhance competitiveness in the telecommunications market.
Conservative
0
Core Estimate
25
Upper Bound
75
Sources
Verizon to Cut 500 Jobs, Sell 274 Stores
Verizon to Cut 500 Jobs, Sell 274 Stores https://mastodon.social/@BroadbandBreakfast WASHINGTON, July 16, 2026 – Verizon is set to lay off about 500 corporate employees, a spokesperson said Thursday. It’s the carrier’s latest round of layoffs under CEO Dan Schulman, after cutting a largest-ever 13,000 jobs last year and hundreds more in May. Barron’s reported Tuesday that the company was planning to announce a new round of layoffs this week. Learn about the 3-Part Preview of America250 / Tele
Verizon Cuts 16,600 Jobs in Nine Months as Its AI Stack Nears Completion
Verizon Cuts 16,600 Jobs in Nine Months as Its AI Stack Nears Completion The Verizon Building in Manhattan is seen on June 6, 2013 from the Brooklyn borough of New York City. Andrew Burton/Getty Images Verizon's third layoff round in nine months arrived on July 16 with a now-familiar structure: more stores transferred to franchise operators, more corporate positions eliminated, and a company statement insisting the moves have nothing to do with the AI automation program its own CEO has called
Verizon Cuts 500 Jobs, Sells 300 Stores: HR Impact | HR & Workforce Intelligence Brief
Verizon Cuts 500 Jobs, Sells 300 Stores: HR Impact | HR & Workforce Intelligence Brief Share Share on X Share on Facebook Share on LinkedIn Share on Reddit ## Key Takeaways - Verizon's restructuring will shed nearly 300 retail stores and 500 corporate jobs, impacting approximately 3,000 employees. - Past store sales show a 70% rehiring rate by franchisees, but the shift raises immediate concerns over job security, compensation, and long-term career paths for retail workers. - HR professionals