Verizon Announces Further Workforce Reductions and Retail Store Sales Amid Turnaround Strategy

Verizon continues its restructuring efforts by laying off over 3,000 employees and planning to sell 274 corporate-owned retail stores. The company has been struggling with customer losses in its wireless business amid increased competition and price hikes.

By Patricia Battle Sat, July 18, 2026 at 8:07 PM GMT+3 4 min read · Yahoo Finance · July 18, 2026, 17:07 UTC

Tickers: $VZ

Topics: retail strategy Verizon wireless business workforce changes

Read the full article at Yahoo Finance

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