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Verizon
Telecom
Layoff History
Date
November 24, 2025
Impact
1,300 employees
Location
United States of America
Summary
Verizon is currently completing its largest-ever workforce reduction, which involves cutting approximately 13,000 to 15,000 jobs. This massive restructuring, led by new CEO Dan Schulman, aims to simplify the company's "complex and fragmented" operating model.