A new report claims Verizon will soon cut 15,000 jobs

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Verizon logo displayed on an Android phone.

Joe Maring / Android Authority

TL;DR

  • A new report claims Verizon plans to cut about 15,000 jobs, roughly 15% of its workforce.
  • The layoffs are expected to begin next week, matching earlier rumors that changes were coming on November 20.
  • The scope of the cuts is unclear, though further changes and possible location closures are likely.

Last week, we reported on rumors suggesting that employee layoffs at Verizon were imminent. At the time, there wasn’t much information outside of whispers from…



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A new report claims Verizon will soon cut 15,000 jobs


Verizon logo displayed on an Android phone.

Joe Maring / Android Authority

TL;DR

  • A new report claims Verizon plans to cut about 15,000 jobs, roughly 15% of its workforce.
  • The layoffs are expected to begin next week, matching earlier rumors that changes were coming on November 20.
  • The scope of the cuts is unclear, though further changes and possible location closures are likely.

Last week, we reported on rumors suggesting that employee layoffs at Verizon were imminent. At the time, there wasn’t much information outside of whispers from…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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