https://www.reuters.com/business/world-at-work/verizon-shed-274-stores-lay-off-another-500-corporate-employees-2026-07-16/
6 replies (most recent on top)
@a4 right but sounds like that’s JUST the wireless store transaction
13k in nov, then 2k over seas. About 1k in may. 3k now. Plus how ever many went to BT venture. That’s nearly 20k
In total, the moves will impact about 3,000 retail and corporate employees.
So the "big" one is in September.
only 500 corp jobs? is it legit?
July 16 (Reuters) - U.S. wireless carrier Verizon (VZ.N), opens new tab said it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its ongoing restructuring.
In total, the moves will impact about 3,000 retail and corporate employees. Verizon will own 1,000 stores after the sale effective Aug. 16