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VERIZON WORKFORCE REDUCTION
AI doomsday fear coming true? Jack Dorsey-led Block lays off nearly half of its staff, Twitter co-founder says 'most companies late'Jack Dorsey-led Block has cut over 4,000 jobs, or nearly half its workforce, amid an AI boom. The Twitter co-founder said most companies ar...
Almost 600,000 jobs gone: Wave of layoffs hit employees - here’s what you need to know and why it’s concerningAlmost 600,000 jobs gone: A structural "efficiency era" has hit the 2026 labor market, with nearly 600,000 jobs cut in January alone. This ...
Amazon layoffs: Which departments will be affected? Here's the breakdownAmazon layoffs: Amazon is initiating a major corporate restructuring this January 2026. The tech giant plans to cut approximately 16,000 ad...
Why are Amazon, Intel, Microsoft and 17 others cutting 165,000 jobs now? A massive structural shift is hitting the U.S. corporate workforce in 2026A massive structural shift is hitting the 2026 job market. Amazon, Intel, and Microsoft have joined 17 other giants to cut over 165,000 rol...
US unemployment claims fall again last week, remain at historically healthy levelThe number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that...
US jobless claim applications fell by 13,000 last week as layoffs remain lowThe number of Americans applying for jobless claims for the week ending Dec. 13 declined by 13,000 to 224,000 from the previous week's 237,...
1.2 million Americans laid off in 2025 as job cuts hit highest level since the COVID-19 pandemic — Is AI now a major factor in U.S. job cuts?US layoffs 2025: More than 1.17 million Americans lost their jobs in 2025. Cuts surged 54% from last year. November alone saw 71,321 layoff...
Layoff tsunami hits US as 71,000 jobs slashed in November: 2025 becomes first 1.1 million+ cut year since PandemicUS layoffs surged again in November, with employers announcing 71,321 job cuts, according to new data from Challenger, Gray & Christmas. Th...
US job market crisis deepens in 2025: Tariffs, AI spending and shutdown fallout trigger worker anxiety — is your company on the layoff list?US layoffs list: Job seekers face a tough market as companies adopt a 'no-hire' stance amid rising costs, tariffs, and AI investments. Majo...
Verizon layoffs, biggest in years? More than 13,000 jobs to be cut as the company undergoes major restructuringVerizon layoffs 2025: Verizon Communications is preparing for its largest job cuts in years, with over 13,000 positions to be eliminated as...
Verizon layoffs: US telco to cut 13,000 jobs in largest single purge; to shrink costs, restructureVerizon Jobs Cut: In addition to the layoffs, Verizon will convert 179 corporate-owned retail outlets into franchised stores and shut down ...
Verizon layoffs: CEO Daniel Schulman's remarks about company’s 'critical inflection point' emerge. Here's what he saidVerizon is planning its largest-ever job cuts, aiming to eliminate approximately 15,000 positions as part of a significant restructuring un...
Verizon layoffs: Another major US company planning to sack staff? Here's what reports sayVerizon layoffs 2025: Verizon is reportedly preparing for significant staff cuts and retail store closures as part of a broad restructuring...
Elon Musk says he was left with ‘no choice’ on Twitter sackings, claims firm was losing $4 million dailyNearly 180 of its 230-odd employees in India have been given marching orders. The layoffs were spread across content, partnerships, content...
MNCs announce 71,000 job cuts globally by more than a dozen multinationalsCompanies to have confirmed massive job cuts include HP, Nokia, Sony Corp, Yahoo, PepsiCo, Royal Bank of Scotland and airline firm Lufthans...