Verizon has announced significant job cuts, affecting more than 13,000 employees. These layoffs represent approximately 13% of the company's total workforce. The decision comes amid broader challenges in the telecommunications sector.
In a move that impacts a substantial portion of its staff, Verizon is reducing its workforce by over 13,000 positions. This equates to around 13% of the company's overall employees, highlighting the scale of the restructuring effort.
The layoffs were reported on November 21, 2025, as part of Verizon's strategy to streamline operations. While specific reasons were not detailed in available reports, such cuts are common in the industry as firms adapt to economic pressures and technological shifts.
This development underscores ongoing volatility in the job market for major tech and telecom firms. Verizon, a leading provider in the United States, now faces the task of managing the fallout from these reductions while maintaining service quality for its customers.