Verizon is undergoing significant changes, selling 274 company-owned stores and cutting nearly 3,000 jobs to streamline operations in a competitive wireless market.
The store divestment will take effect on August 16
Jul 17, 2026
11:31 am
What's the storyVerizon, a leading US telecom giant, is going through a massive restructuring of its retail business.
The company has announced plans to sell 274 company-owned stores and cut around 500 corporate jobs.
Verizon slashes 3,000 jobs and dumps 274 stores in aggressive cost-cutting push
US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees
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Verizon will sell 274 retail stores and cut 3,000 jobs as CEO Dan Schulman pursues $5 billion in operating expense reductions…
July 16 : U.S. wireless carrier Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500…
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