Verizon

Telecommunications Location not specified, United States
Report

Date announced

Supporting source

Reuters Coverage published Jul 16, 2026

Layoff Summary

Verizon announced about 500 corporate job cuts while selling 274 company-owned retail locations.

Roughly 3,000 retail and corporate employees were connected to the wider changes, but Verizon said workers at sold stores have often been hired by the new operators.

Record checked