Cumulative Impact Over Time

Industry Comparison

View all 3 →
1
BT Group
55,000
2
Verizon (this company)
13,000
3
Telefonica
5,500

Event Timeline

November 20, 2025 Latest

Verizon confirms 13,000 job cuts, impacting 20% of management. CEO Dan Schulman cites AI pivot and cost fixes. Severance details included.

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-13,000
jobs

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