Verizon cuts several hundred US workers months after slashing 13,000 jobs

• Verizon is cutting several hundred workers, or less than 1% of its head count.
• The move affects employees across the US, with the largest share of the cuts at the company's New Jersey headquarters.
• The company slashed 13,000 roles in November and said this latest round is not the result of AI.

Verizon is cutting several hundred workers six months after a move that slashed 13,000 jobs, the company confirmed to Business Insider on Thursday.

The company declined to provide an exact number, but said the figure represents less than 1% of its overall head count.

The move affects employees across the US, particularly among smaller business units, with the largest share of the cuts at the company's headquarters in Basking Ridge, New Jersey.

Filings show telecom rivals AT&T and T-Mobile each planned to cut about 75 workers in New Jersey so far this year.

Verizon has more than 1,000 US job openings on its careers site, which the company said affected employees are eligible to apply for.

"We're continuing to add head count to grow parts of the business that are growing while making targeted job reductions to portions of the business where this is needed," a Verizon spokesperson said in a statement.

Chief financial officer Anthony Skiadas said on an earnings call last week that Verizon is now "running leaner" following last year's layoffs and that cost reductions would continue beyond 2026. The report did not include the workforce reduction in its outlook.

CEO Dan Schulman said at the time of the November layoffs that "every part of the company" was affected by the reduction, which he said was intended to allow for more investment in customer satisfaction.

Unlike companies this year that have cited artificial intelligence as the driving force behind job cuts, Verizon told Business Insider that the tech was not behind the latest round of cuts.

Still, Schulman said on last week's call that AI is having a significant impact on the business, including reducing vendor support costs by as much as 70% and improving software code shipped by 40%.

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