https://www.wsj.com/real-estate/commercial/verizon-hikes-in-office-requirement-leases-larger-nyc-office-0fb6fc4b
Verizon Hikes In-Office Requirement, Leases Larger NYC Office.
Most of the company’s management employees will be required to report to the office three days a week.
July 28, 2025 at 4:47 pm ET
Telecommunications giant Verizon
Communications +0.83%A is moving its headquarters to a larger office space in Manhattan as it ramps up in-office requirements for most of its management employees.
Verizon has leased 200,000 square feet in a recently renovated office tower near Manhattan's Penn Station, according to people familiar with the matter. Verizon plans to consolidate next year over 1,000 employees currently working in two other Manhattan locations.
Ahead of the move, Verizon is tightening up its return-to-office policy. Management and corporate employees approved for hybrid work will be required to report to the office three days a week, beginning the day after Labor Day, said a company spokesman.
Previously, the company required these employees to work from the office eight days a month. Employees approved for full-time remote work likely won't be affected.