{"id":2510419,"date":"2025-11-13T23:39:01","date_gmt":"2025-11-14T04:39:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/verizon-to-cut-15000-jobs-in-largest-layoff-in-companys-history-report\/"},"modified":"2025-11-13T23:41:47","modified_gmt":"2025-11-14T04:41:47","slug":"verizon-to-cut-15000-jobs-in-largest-layoff-in-companys-history-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/verizon-to-cut-15000-jobs-in-largest-layoff-in-companys-history-report\/","title":{"rendered":"Verizon to cut 15,000 jobs in largest layoff in company&#8217;s history: Report"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fverizon-to-cut-15000-jobs-in-largest-layoff-in-companys-history-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2510419&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Verizon is set to lay off approximately 15,000 employees next week, marking the largest job cut in the company&#8217;s history.This reduction, representing about 15% of Verizon&#8217;s 100,000-strong workforce, is part of a strategy to reduce costs and better compete in the evolving home internet and wireless markets. the decision comes shortly after Dan Schulman, the former PayPal CEO, took over as Verizon&#8217;s new CEO in October. Schulman has emphasized cost-cutting and operational efficiency as key priorities to maximize value, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rockwell-automation-announces-2b-investment-in-wisconsin-ohio-washington-examiner\/\" title=\"Rockwell Automation announces B investment in Wisconsin, Ohio - Washington Examiner\">grow market share<\/a>, and <a href=\"https:\/\/amzn.to\/3YuVZYV\" >deliver long-term growth<\/a>. Verizon has not commented on the layoffs but recently committed to reviewing its policies after scrutiny regarding congressional phone record subpoenas.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Verizon to cut 15,000 jobs in largest layoff in company&rsquo;s history: Report<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2400527\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/verizon\/\">Verizon<\/a> will cut about 15,000 employees next week in the largest layoff spree to hit the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"http:\/\/washingtonexaminer.com\/tag\/business\/\">company<\/a> since its beginning, according to several reports.<\/p>\n<p>The layoffs are part of a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/democrats-justify-amnesty-for-illegal-immigrants-by-arguing-it-will-increase-deficit\/\" title=\"Democrats Justify Amnesty for Illegal Immigrants by Arguing It Will Increase Deficit\">cost-saving measure<\/a> as the company moves to compete with other companies jumping into the home internet service and wireless markets, according to the <em>Wall Street Journal <\/em>and <em>Reuters<\/em>, which each cited anonymous sources.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3886358\/red-cup-day-rebellion-starbucks-union-strike-over-40-cities\/\">&#8216;Red Cup Rebellion&#8217;: Starbucks union launches strike in over 40 cities<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/3885029\/new-york-last-competitive-taxes-report\/\">New York dead last in competitive taxes: Report<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3884731\/kentucky-officials-name-14-victims-killed-in-ups-plane-crash\/\">Kentucky officials name the 14 victims killed in UPS plane crash<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>The cuts are set to begin next week, according to the reports. With approximately 100,000 current employees, the cuts will affect approximately 15% of the company&rsquo;s workforce.<\/p>\n<p>The news comes one month after Verizon named Dan Schulman as its new CEO. The former CEO of PayPal who made the transition in early October has been focused on retaining costumers by cutting costs since the announcement of his first day on the job. <\/p>\n<p>&ldquo;We are going to maximize our value propositions, reduce our cost to serve, and optimize our capital allocation to delight our customers, and deliver sustainable long-term growth for our shareholders,&rdquo; Schulman said in an October statement.<\/p>\n<p>He has served on Verizon&rsquo;s board of directors since 2018.<\/p>\n<p>&ldquo;Verizon is at a critical juncture. We have a clear opportunity to redefine our trajectory, by growing our market share across all segments of the market, while delivering meaningful growth in our key financial metrics,&rdquo; Schulman said.<\/p>\n<p>Schulman told the company in an October call that &ldquo;cost reductions will be a way of life for us here,&rdquo; and that Verizon has opportunities &ldquo;to be more efficient, to be scrappier,&rdquo; according to the <em><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.wsj.com\/business\/telecom\/verizon-to-cut-about-15-000-jobs-87280c3c?gaa_at=eafs&amp;gaa_n=AWEtsqd23ZKqzkkXaKDwNgFCpK84IzD1QTClgRJJskA1N_Kv83Aqao8ArUeXZ5xdByA%3D&amp;gaa_ts=6916466d&amp;gaa_sig=RQFDJGL-ehNsY0Rk2hrB_DTck515IGBt-jmokyoRPNraYr85IlBnrBKc06SFYd6hvcfuwNZ1mTC2Pp4wTYVCLQ%3D%3D\">Wall Street Journal<\/a><\/em>.<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3834639\/qualcomm-champions-6g-alliance-project-homegrown-in-us\/\">QUALCOMM CHAMPIONS 6G ALLIANCE AS A PROJECT HOMEGROWN IN THE US<\/a><\/strong><\/p>\n<p>Verizon did not respond to the <em>Washington Examiner<\/em>&lsquo;s requests for comment.<\/p>\n<p>The company also made news in Washington in early November when it committed to <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/3875133\/verizon-to-change-policies-after-arctic-frost-spying-revelations\/\">reviewing its policies<\/a> surrounding subpoenas of congressional members&rsquo; phone records in the wake of the Arctic Frost investigation.<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Verizon to cut 15,000 jobs in largest layoff ever: Report<\/p>\n","protected":false},"author":3976,"featured_media":2510420,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/11\/AP25279538375225.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[37421,7970,47771,4311],"class_list":["post-2510419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-job-cuts","tag-layoffs","tag-telecommunications","tag-verizon"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/11\/AP25279538375225.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2510419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3976"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2510419"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2510419\/revisions"}],"predecessor-version":[{"id":2510423,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2510419\/revisions\/2510423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2510420"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2510419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2510419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2510419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}