TELECOMMUNICATIONS · NEW YORK, NY

Verizon layoffs

13,500

Employees laid off

As the company stated them.

2

Layoffs

Since 2025.

Jul 16, 2026

Most recent

About 500 employees.

Employees laid off by year

05k10k15k20k 2025: 13,000 employees2026: 500 employees 20252026
Chart data
PeriodEmployees
202513,000
2026500

Layoffs at Verizon

About 500 employees

Verizon said it would lay off about 500 more corporate employees and sell 274 company-owned stores to franchise operators, moves that affect roughly 3,000 retail and corporate workers in all.

Where
United States
Source
Reuters (via GV Wire) (opens in a new tab) News report, Jul 16, 2026

13,000+ employees · 13% of the workforce

Verizon CEO Dan Schulman told employees the company would cut more than 13,000 jobs, its largest single layoff, and convert 179 company-owned stores to franchises; Verizon said the cuts were not driven by AI.

Sources
CNBC (opens in a new tab) News report, Nov 20, 2025
CBS News (opens in a new tab) News report

How we count

Each layoff is an announcement a company made or confirmed, with at least one source. Employee totals add the numbers as stated: “about”, “at least” and “up to” figures count as given, and layoffs without a number count toward companies and layoffs only. Headquarters filters use where a company is based, not where the cuts happen.

See something missing or wrong? Email [email protected] with a source.

Create your account

Open signup in a full page