Verizon

Telecom
United States1 layoff round tracked
4,800

Total Jobs Cut

December 2024

Most Recent

4,800

Largest Single Layoff

No

AI Cited

Layoff Timeline

December 2024

4,800 jobs cut

Reason: Network modernization and cost optimization

Source: Fierce Network

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About Telecom Layoffs

219,590

Total industry layoffs

11%

AI-cited events

View all Telecomlayoffs →
Check your risk score as a Telecom professional

Other Telecom Layoffs

BT Group

1 round

55,000 jobs
Verizon

1 round

15,000 jobs
BT Group

1 round

15,000 jobs
Nokia

1 round

14,000 jobs
Nokia

1 round

14,000 jobs

Sources

Fierce Network

Network modernization and cost optimization

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