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US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees
July 16 : U.S. wireless carrier Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its restructuring.The moves will affect about 3,000 retail and corporate employees. Verizon will own 1,000 stores after the sale, effective August 16. Verizon el
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sdxcentral.com
Verizon to slash thousands of corporate, retail jobs
Reuters reports most of the lost jobs will come from the sale of company-owned stores
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cryptobriefing.com
Verizon plans fresh round of layoffs this week as telecom giant chases $5B in cost cuts
Verizon is cutting more jobs this week as part of its $5 billion cost-reduction strategy, having already eliminated over 13,000 positions since 2025.
