Verizon to Cut About 15,000 Jobs as New CEO Dan Schulman Accelerates Restructuring—Retail Franchising and Management Layoffs Could Begin Next Week
Published: November 13, 2025 Verizon Communications is preparing its largest workforce reduction on record, planning to eliminate roughly 15,000 positions—about 15% of its staff—as part of a sweeping restructuring under newly appointed Chief Executive Dan Schulman. The move is aimed