For Verizon employees, it's going to be an emotionally destabilising season as the company confirmed reports of mass layoffs.

In mid-November 2025, as new CEO Dan Schulman outlined sweeping restructuring plans, uncertainty swept through Verizon's ...

Verizon Communications is preparing to lay off roughly 15,000 employees in the coming days, marking the largest job reduction ...

Verizon, the largest telecom company in America, is embarking on a significant downsizing initiative under its new CEO, Dan ...

Verizon is preparing to lay off around 15,000 employees, about 15 percent of its workforce, as part of an aggressive ...

Most of the reduction is expected to come through layoffs, while about 200 company-owned stores will transition into franchised operations – a shift that will remove ...

This is the latest in a series of mass layoff announcements throughout the US economy, as companies respond to a deepening ...

CEO Daniel Schulman, who formerly headed PayPal’s global transformation and Virgin Mobile’s $483 million sale, looks to turn ...

Hans Vestberg has an ally on Verizon’s board who insists the departing CEO should still get the bulk of his pay, according to ...

The cuts represent some of the executive’s first efforts to restructure as the company continues to face rising competition ...

A major U.S. telecommunications company is set to complete the largest round of layoffs in its history. According to multiple ...

Verizon will cut 15,000 jobs and shift roughly 200 stores to franchise operations, marking the company’s largest single-round ...