Verizon Slashing 13,000 Jobs as US Wireless Carrier Restructures

The company is facing stronger market competition from industry rivals AT&T and T-Mobile.People walk past a Verizon store in Manhattan’s Midtown neighborhood in New York on May 2, 2017. Bebeto Matthews/AP Photo11/20/2025|Updated: 11/20/2025Verizon, the largest U.S. wireless carrier, said on Nov. 20 that it will cut more than 13,000 jobs.In a public memo to staff, Verizon CEO Dan Schulman confirmed that the company will begin overhauling its operations.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles