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Verizon Announces Largest Layoff in Company History, Cutting 13,000 Employees

Published Oct 31, 2025

13,000
Employees Affected
13%
Percentage

Verizon is laying off over 13,000 employees-about 13% of its workforce-in its largest-ever job reduction. The restructuring aims to reduce costs, improve customer experience, and reorient operations. Layoffs began November 20, 2025, and Verizon has created a $20 million Reskilling and Career Transition Fund for affected workers

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