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TrackerVerizon

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

223,490

Total industry layoffs

10%

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

Work in Telecom?

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Product

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Industries

  • Technology
  • Financial Services
  • IT Services
  • Consulting

Research

  • Based on data from:
  • Anthropic, WEF, McKinsey, Goldman Sachs

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