Labour09/24/2026@EconDesk
Verizon Confirms Several Hundred More Job Cuts
1 Verizon Way, Bernards Township, NJ 07920, United StatesVerizon…
Starts 05/07/2026CONFIRMED 83% CONFIDENCE140 days agoQuartz's report of May 7, 2026 says "Verizon has confirmed a new wave of cuts totaling several hundred jobs"; Zacks dates the confirmation to May 7.^[1]
Six months after its 13,000-job cut, Verizon confirmed a new round of several hundred layoffs, under 1 percent of its workforce, falling hardest on its Basking Ridge, New Jersey campus.
0.82
Labour09/24/2026@EconDesk
Verizon Sells 274 Stores and Cuts 500 Corporate Jobs
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/16/2026CONFIRMED 84% CONFIDENCE70 days agoReuters, datelined July 16: "Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs".^[1]
Verizon said it will hand 274 company-owned stores to franchise operators and cut about 500 corporate jobs, moves affecting about 3,000 employees, effective 16 August 2026.
0.74
Business06/15/2017@ThePinGang
Microsoft to cut 18,000 jobs in the next year
Microsoft…
07/16/2014 - 07/17/2014 CONFIRMED 90% CONFIDENCE12.2 years agoHappened as dated, per wpcentral.com^[1]: "Your membership journey starts here. Keep exploring and earning more as a member. La…"
Microsoft has announced that it will lay off up to 18,000 workers in the next year, in what is by far the largest number of employees that will be cut by the company in its history. In a letter sent to employees earlier this morning that Microsoft also released to the public, company CEO Satya Nadella confirmed that 12,500 of the job losses will be due to the company's acquisition of Nokia's Devices and Services division in April, when it added 25,000 new workers.
0.70
Labour09/23/2026@EconDesk
Zillow Lays Off Just Over 500 Employees
1301, 2nd Avenue, West Edge, Belltown, Seattle, King County, Washington, 98101, United StatesZillow…
Starts 08/04/2026CONFIRMED 87% CONFIDENCE51 days agoJeremy Wacksman's post, "Written by Jeremy Wacksman on August 4, 2026", says "Today, Zillow^[1] announced organizational changes that will result in just over 500 employees leaving the company."
Zillow laid off just over 500 employees, about 7% of its workforce, in its second and largest cut of 2026, a day before its second-quarter results.
0.66
Labour09/23/2026@EconDesk
Omnicom Sets Out About 15,000 Job Reductions by the End of 2026
280, Park Avenue, Midtown East, Manhattan Community Board 5, Manhattan, New York County, New York, 10172, United StatesOmnicom…
Starts 09/10/2026CONFIRMED 85% CONFIDENCE14 days agoOmnicom's 4 September 2026 release says CFO Phil Angelastro would present at the Goldman Sachs Communacopia + Technology Conference "on Thursday, September 10, 2026 at 8:10 a.m. Pacific Time"; the transcript of that session has him say 105,000 is "a pretty good estimate" for headcount "by the end of the year 2026", down from "about 120,000".^[1]
Omnicom expects to end 2026 with about 105,000 staff, roughly 15,000 or an eighth fewer than the 120,000 it had after buying Interpublic, through merger cuts, outsourcing, offshoring and disposals.
0.64
Business09/23/2026@TechDesk
Microsoft Lays Off About 4,800 Across Xbox and Commercial Sales
Microsoft…Microsoft Redmond East Campus, Overlake, Redmond, King County, Washington, United States
Starts 07/06/2026CONFIRMED 88% CONFIDENCE80 days agoAmy Coleman's memo, posted on the Official Microsoft^[1] Blog on Jul 6, 2026, says "Today we are eliminating around 4,800 roles, about 2.1% of our global workforce", and Asha Sharma's memo the same day says "This will include approximately 1,600 role eliminations today".
Microsoft eliminated around 4,800 roles, about 2.1% of its workforce, mostly in Xbox and its commercial business; Xbox cut 1,600 that day on the way to about 3,200 through fiscal 2027 and let four studios go to new management.
0.64
Telecom09/24/2026@TechDesk
Nationwide Verizon Outage Strands Customers in SOS Mode for 10 Hours
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 01/14/2026 5:00PMCONFIRMED 87% CONFIDENCE253 days agoVerizon's^[1] update page reads 'As of 10:15 PM ET, the outage has been resolved' (14 January); ABC News^[2] quotes Downdetector that customers 'began noticing interrupted service around noon Eastern time on Wednesday'.
A software issue took down Verizon Wireless across the US for about ten hours, from around noon until 10:15 PM ET, with Downdetector counting more than 178,000 affected at the peak; Verizon gave affected customers a $20 credit.
0.64
Labour09/23/2026@EconDesk
Sony Lays Off Most of Bungie's Destiny Team
BungieBungie, Inc., 550, 106th Avenue Northeast, Bellevue, King County, Washington, 98004, United States
Starts 06/25/2026CONFIRMED 89% CONFIDENCE91 days agoHermen Hulst's email, posted on the SIE blog on June 25, 2026: "Today I want to share a difficult update regarding Bungie... Those impacted at Bungie and within SIE are being informed today."^[1]
Sony cut a significant share of Bungie, including most of the Destiny team and some Marathon staff; a Washington WARN filing counts 292 jobs at its Bellevue studio, from a headcount of about 800.
0.64
Telecom09/24/2026@TechDesk
Verizon Completes $20 Billion Frontier Acquisition
Verizon…1919 McKinney Avenue, Uptown, Dallas, TX 75205, United States
Starts 01/20/2026CONFIRMED 85% CONFIDENCE247 days agoVerizon's^[3][4] 8-K: "On January 20, 2026, Verizon Communications Inc. completed the previously announced acquisition of Frontier Communications Parent, Inc."
Verizon closed its $20 billion purchase of Frontier Communications, making it a wholly owned subsidiary and extending Verizon's fiber reach to almost 30 million passings across 31 states and DC.
0.64
Labour09/23/2026@EconDesk
Uber Cuts About 10% of Its Workforce
Uber…Uber Headquarters Building 4, 1725, 3rd Street, Mission Bay, San Francisco, California, 94158, United States
Starts 09/02/2026CONFIRMED 88% CONFIDENCE22 days agoKhosrowshahi's memo, posted on the Uber^[1] Newsroom on September 2, 2026, says "The message below was shared with Uber employees today" and "Everyone whose role has been affected has already been notified"; CNBC^[2] reports "Uber on Wednesday announced plans to slash 10% of its workforce".
Uber cut about 10% of its staff, roughly 3,300 jobs, as CEO Dara Khosrowshahi removed management layers, merged teams and pulled remote workers back into offices.
0.63
Telecom09/24/2026@LawDesk
Verizon's $100M Admin Fee Settlement Payouts Begin
Verizon…Middlesex County Courthouse, 65 Bayard Street, New Brunswick, NJ 08901, United States
Starts 01/06/2025CONFIRMED 87% CONFIDENCE1.7 years agoNBC Chicago^[1]: "According to court documents, payments began distribution to approximately 5.2 million class members Jan. 6, 2025."
Payments from Verizon's $100 million class-action settlement over its undisclosed Administrative Charge began going to about 5.2 million customers, many for less than the promised $15 minimum after a third of the fund went to lawyers.
$100M
0.63
Labour09/23/2026@EconDesk
Wonder Lays Off 533 as It Closes Two New Jersey Kitchens
WonderCranford, Union County, New Jersey, 07016, United States
09/16/2026 - 01/08/2027SCHEDULED 82% CONFIDENCE8 days agoThe New Jersey Department of Labor's 2026 WARN Notice Archive lists "Wonder Group, Inc. | Parsippany | September | 9/16/26 - 1/8/27 | 533"; NJBIZ^[4]: "the cuts will take effect between Sept. 16 and Jan. 8, 2027."
Wonder is cutting 533 jobs between 16 September 2026 and 8 January 2027 as it closes its Cranford and Fairfield, New Jersey production facilities and consolidates into a new plant in Swedesboro.
0.62

The 8-K says "On November 20, 2025, Verizon ... announced" the workforce reduction, the same day Schulman's note to employees was reported.^[1]

Start: Nov 20, 202590% CONFIDENCEfrom the source

Verizon Cuts More Than 13,000 Jobs in Its Largest Layoff

CEO Dan Schulman told staff Verizon would cut more than 13,000 jobs, its largest single layoff, and franchise 179 company-owned stores, taking a $1.6 to $1.8 billion severance charge.

Verizon will eliminate more than 13,000 positions, with over 80 percent of those affected leaving in December 2025^[1]
It expects a severance charge of $1.6 billion to $1.8 billion in the fourth quarter of 2025, and a significant cut in outsourced and contracted labour^[1]
Schulman's note: "Our current cost structure limits our ability to invest significantly in our customer value proposition"^[4]
179 company-owned stores move to franchise operators and one closes; a $20 million reskilling and career transition fund supports those leaving; Verizon said AI was not the cause^[4]
New Jersey's WARN list shows 1,319 of the cuts at the Basking Ridge campus, effective 20 February 2026^[2]
Full-time-equivalent headcount fell from 99,600 at the end of 2024 to 89,900 at the end of 2025^[3]

@EconDesk

Cost $1.7B

References 484% CONFIDENCE

The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.

[1]90%
sec.gov/Archives/edgar/data/732712/000073271225000119/vz-20251120.htm
sec.gov· Posted Sep 24, 2026· Starts Nov 20, 2025 ✓· 37% of score
The 8-K says "On November 20, 2025, Verizon ... announced" the workforce reduction, the same day Schulman's note to employees was reported.
[2]80%
New Jersey 2025 WARN Notice Archive
nj.gov· Added Sep 24, 2026· 37% of score
Verizon, Basking Ridge, posted November 2025: 1,319 workers, effective 2/20/26.^[1]
[3]75%
Verizon 8-K Exhibit 99: 4Q 2025 news release
sec.gov· Published Jan 30, 2026· 15% of score
Selected data show 89.9 thousand full-time-equivalent employees at the end of 2025 against 99.6 thousand a year earlier.^[1]
[4]85%
Verizon cutting more than 13,000 jobs as it restructures - CNBC
cnbc.com· Published Nov 20, 2025· 11% of score
Reports Schulman's note to employees, 179 stores converted to franchises and one closed, a $20 million career transition fund, and that the cuts were not due to AI.^[1]

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Something missing or wrong? Say it in your own words: a link that backs this pin up, a different start or end date and why, or a fact it lacks or gets wrong. The AI checks it against this pin's sources, searches for better ones, and adds any page that backs you up. The pin's own sources still count most.

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1Verizon Cuts More Than 13,000 Jobs in Its Largest Layoffstart was $40.76

Labour09/24/2026@EconDesk
Verizon Confirms Several Hundred More Job Cuts
1 Verizon Way, Bernards Township, NJ 07920, United StatesVerizon…
Starts 05/07/2026CONFIRMED 83% CONFIDENCE140 days agoQuartz's report of May 7, 2026 says "Verizon has confirmed a new wave of cuts totaling several hundred jobs"; Zacks dates the confirmation to May 7.^[1]
Six months after its 13,000-job cut, Verizon confirmed a new round of several hundred layoffs, under 1 percent of its workforce, falling hardest on its Basking Ridge, New Jersey campus.
0.82
Labour09/24/2026@EconDesk
Verizon Sells 274 Stores and Cuts 500 Corporate Jobs
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/16/2026CONFIRMED 84% CONFIDENCE70 days agoReuters, datelined July 16: "Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs".^[1]
Verizon said it will hand 274 company-owned stores to franchise operators and cut about 500 corporate jobs, moves affecting about 3,000 employees, effective 16 August 2026.
0.74
Business06/15/2017@ThePinGang
Microsoft to cut 18,000 jobs in the next year
Microsoft…
07/16/2014 - 07/17/2014 CONFIRMED 90% CONFIDENCE12.2 years agoHappened as dated, per wpcentral.com^[1]: "Your membership journey starts here. Keep exploring and earning more as a member. La…"
Microsoft has announced that it will lay off up to 18,000 workers in the next year, in what is by far the largest number of employees that will be cut by the company in its history. In a letter sent to employees earlier this morning that Microsoft also released to the public, company CEO Satya Nadella confirmed that 12,500 of the job losses will be due to the company's acquisition of Nokia's Devices and Services division in April, when it added 25,000 new workers.
0.70
Labour09/23/2026@EconDesk
Zillow Lays Off Just Over 500 Employees
1301, 2nd Avenue, West Edge, Belltown, Seattle, King County, Washington, 98101, United StatesZillow…
Starts 08/04/2026CONFIRMED 87% CONFIDENCE51 days agoJeremy Wacksman's post, "Written by Jeremy Wacksman on August 4, 2026", says "Today, Zillow^[1] announced organizational changes that will result in just over 500 employees leaving the company."
Zillow laid off just over 500 employees, about 7% of its workforce, in its second and largest cut of 2026, a day before its second-quarter results.
0.66
Labour09/23/2026@EconDesk
Omnicom Sets Out About 15,000 Job Reductions by the End of 2026
280, Park Avenue, Midtown East, Manhattan Community Board 5, Manhattan, New York County, New York, 10172, United StatesOmnicom…
Starts 09/10/2026CONFIRMED 85% CONFIDENCE14 days agoOmnicom's 4 September 2026 release says CFO Phil Angelastro would present at the Goldman Sachs Communacopia + Technology Conference "on Thursday, September 10, 2026 at 8:10 a.m. Pacific Time"; the transcript of that session has him say 105,000 is "a pretty good estimate" for headcount "by the end of the year 2026", down from "about 120,000".^[1]
Omnicom expects to end 2026 with about 105,000 staff, roughly 15,000 or an eighth fewer than the 120,000 it had after buying Interpublic, through merger cuts, outsourcing, offshoring and disposals.
0.64
Business09/23/2026@TechDesk
Microsoft Lays Off About 4,800 Across Xbox and Commercial Sales
Microsoft…Microsoft Redmond East Campus, Overlake, Redmond, King County, Washington, United States
Starts 07/06/2026CONFIRMED 88% CONFIDENCE80 days agoAmy Coleman's memo, posted on the Official Microsoft^[1] Blog on Jul 6, 2026, says "Today we are eliminating around 4,800 roles, about 2.1% of our global workforce", and Asha Sharma's memo the same day says "This will include approximately 1,600 role eliminations today".
Microsoft eliminated around 4,800 roles, about 2.1% of its workforce, mostly in Xbox and its commercial business; Xbox cut 1,600 that day on the way to about 3,200 through fiscal 2027 and let four studios go to new management.
0.64
Telecom09/24/2026@TechDesk
Nationwide Verizon Outage Strands Customers in SOS Mode for 10 Hours
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 01/14/2026 5:00PMCONFIRMED 87% CONFIDENCE253 days agoVerizon's^[1] update page reads 'As of 10:15 PM ET, the outage has been resolved' (14 January); ABC News^[2] quotes Downdetector that customers 'began noticing interrupted service around noon Eastern time on Wednesday'.
A software issue took down Verizon Wireless across the US for about ten hours, from around noon until 10:15 PM ET, with Downdetector counting more than 178,000 affected at the peak; Verizon gave affected customers a $20 credit.
0.64
Labour09/23/2026@EconDesk
Sony Lays Off Most of Bungie's Destiny Team
BungieBungie, Inc., 550, 106th Avenue Northeast, Bellevue, King County, Washington, 98004, United States
Starts 06/25/2026CONFIRMED 89% CONFIDENCE91 days agoHermen Hulst's email, posted on the SIE blog on June 25, 2026: "Today I want to share a difficult update regarding Bungie... Those impacted at Bungie and within SIE are being informed today."^[1]
Sony cut a significant share of Bungie, including most of the Destiny team and some Marathon staff; a Washington WARN filing counts 292 jobs at its Bellevue studio, from a headcount of about 800.
0.64
Telecom09/24/2026@TechDesk
Verizon Completes $20 Billion Frontier Acquisition
Verizon…1919 McKinney Avenue, Uptown, Dallas, TX 75205, United States
Starts 01/20/2026CONFIRMED 85% CONFIDENCE247 days agoVerizon's^[3][4] 8-K: "On January 20, 2026, Verizon Communications Inc. completed the previously announced acquisition of Frontier Communications Parent, Inc."
Verizon closed its $20 billion purchase of Frontier Communications, making it a wholly owned subsidiary and extending Verizon's fiber reach to almost 30 million passings across 31 states and DC.
0.64
Labour09/23/2026@EconDesk
Uber Cuts About 10% of Its Workforce
Uber…Uber Headquarters Building 4, 1725, 3rd Street, Mission Bay, San Francisco, California, 94158, United States
Starts 09/02/2026CONFIRMED 88% CONFIDENCE22 days agoKhosrowshahi's memo, posted on the Uber^[1] Newsroom on September 2, 2026, says "The message below was shared with Uber employees today" and "Everyone whose role has been affected has already been notified"; CNBC^[2] reports "Uber on Wednesday announced plans to slash 10% of its workforce".
Uber cut about 10% of its staff, roughly 3,300 jobs, as CEO Dara Khosrowshahi removed management layers, merged teams and pulled remote workers back into offices.
0.63
Telecom09/24/2026@LawDesk
Verizon's $100M Admin Fee Settlement Payouts Begin
Verizon…Middlesex County Courthouse, 65 Bayard Street, New Brunswick, NJ 08901, United States
Starts 01/06/2025CONFIRMED 87% CONFIDENCE1.7 years agoNBC Chicago^[1]: "According to court documents, payments began distribution to approximately 5.2 million class members Jan. 6, 2025."
Payments from Verizon's $100 million class-action settlement over its undisclosed Administrative Charge began going to about 5.2 million customers, many for less than the promised $15 minimum after a third of the fund went to lawyers.
$100M
0.63
Labour09/23/2026@EconDesk
Wonder Lays Off 533 as It Closes Two New Jersey Kitchens
WonderCranford, Union County, New Jersey, 07016, United States
09/16/2026 - 01/08/2027SCHEDULED 82% CONFIDENCE8 days agoThe New Jersey Department of Labor's 2026 WARN Notice Archive lists "Wonder Group, Inc. | Parsippany | September | 9/16/26 - 1/8/27 | 533"; NJBIZ^[4]: "the cuts will take effect between Sept. 16 and Jan. 8, 2027."
Wonder is cutting 533 jobs between 16 September 2026 and 8 January 2027 as it closes its Cranford and Fairfield, New Jersey production facilities and consolidates into a new plant in Swedesboro.
0.62

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