Verizon Announces Sale of 274 Stores and Layoff of 500 Corporate Employees

Verizon is selling 274 company-owned retail stores and laying off approximately 500 corporate employees as part of its ongoing restructuring efforts. This move affects around 3,000 employees in total.

By David Shepardson Thu, July 16, 2026 at 7:07 PM GMT+3 2 min read · Yahoo Finance ·

Verizon Announces Sale of 274 Stores and Layoff of 500 Corporate Employees

Tickers: $T $TMUS $VZ

Topics: job cuts retail restructuring telecom

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