Verizon has laid off 621 employees across 1 rounds since 2026.
621
Total Laid Off
1
Rounds
Technology
Industry
May 2026
Most Recent
May 12, 2026
621 employees
Verizon filed new cuts affecting about 621 roles (including 121 at its Basking Ridge, NJ headquarters), extending a reduction that followed roughly 13,000 cuts six months earlier as it targets ~$5B in operating savings; the CEO framed AI as a factor.