Verizon plans job cuts affecting about 1% of headcount

TL;DR: Verizon is planning another round of job cuts that reports estimate will affect about 1% of its workforce, or hundreds of employees. The reported layoffs are part of an operational overhaul. The report did not state an exact number of roles affected.

Verizon is planning additional job cuts that reports estimate will affect approximately 1% of the company’s total headcount. The report said the reductions amount to hundreds of employees, but it did not provide an exact figure.

The reported layoffs are tied to an operational overhaul at Verizon. The source report did not specify which business units, countries, or job functions would be affected by the planned cuts.

The report did not state a timeline for when the layoffs would take effect beyond saying Verizon plans to cut more jobs. It also did not include a direct statement from Verizon in the excerpt provided.

Related questions

• How many jobs is Verizon reportedly planning to cut?
• What share of Verizon’s workforce do the reported layoffs represent?
• What reason did reports give for Verizon’s latest planned job cuts?