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Verizon Trims More Staff Following Major Global Layoffs - BI

May 7, 2026 1:54 PM EDT

Verizon (NYSE: VZ) Trims More Staff Following Major Global Layoffs - Business Insider

  • Verizon is laying off several hundred additional U.S. employees, primarily targeting its Basking Ridge headquarters and smaller business units, according to Business Insider.
  • This follows a massive reduction of 13,000 jobs six months ago, though the company notes this latest round affects less than 1% of its total workforce.


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