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Verizon Cuts Hundreds More Jobs as Cost-Cutting Plan Stretches to 2026
Business
Published on 14 May 2026
Verizon won’t say how many were hit this time
Verizon has begun another round of US layoffs, following the elimination of about 13,000 jobs last year. The company confirmed the latest cuts to a news outlet but declined to share the exact headcount affected. It said the impact is under 1% of its total workforce, with the heaviest reported effect at its Basking Ridge, New Jersey headquarters. Verizon executives say the restructuring and “leaner” operations will continue through 2026, even as the company hires for growth roles.
- Verizon confirmed additional US layoffs but gave no exact number
- Earlier cuts removed about 13,000 positions across the company
- The company says fewer than 1% of employees were affected
- Basking Ridge, New Jersey reported the highest number of layoffs
- Cost-cutting is expected to keep running until 2026
- Verizon says cuts are not directly tied to AI
Read the full story at Startup Talky
This summarization was done by Beige for a story published on 
Startup Talky