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Verizon Cuts More Than 13,000 Jobs in Its Largest Layoff
CONFIRMED84% CONFIDENCE308 days agoThe 8-K says "On November 20, 2025, Verizon ... announced" the workforce reduction, the same day Schulman's note to employees was reported.[1]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.$1.7B0.78Verizon Sells 274 Stores and Cuts 500 Corporate Jobs
CONFIRMED84% 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 2026.0.77Verizon Reports Q4 and Full-Year 2025 Results
CONFIRMED91% CONFIDENCE237 days agoThe release is dated January 30, 2026 and was published at 11:30 UTC (6:30 a.m. EST); the 8-K exhibit was accepted at 11:30:56 UTC.[1]Verizon added 616,000 postpaid phones in the fourth quarter of 2025, its best quarter since 2019, met its 2025 guidance and set a 2026 outlook of adjusted EPS of $4.90 to $4.95.0.70Verizon Reports Q2 2026 Results and Raises Guidance Again
CONFIRMED92% CONFIDENCE62 days agoThe release is dated July 24, 2026 and was published at 11:00 UTC (7:00 a.m. EDT); the 8-K exhibit was accepted at 11:00:31 UTC.[1]Verizon added 184,000 postpaid phones and posted a record 40.1 percent adjusted EBITDA margin in the second quarter of 2026, raising full-year guidance for a second time and lifting its buyback target to $4.5 billion.0.69Microsoft to cut 18,000 jobs in the next year
CONFIRMED90% 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.0.68Verizon Reports Q3 2026 Results
ESTIMATED69% CONFIDENCEin 34 daysVerizon[1][2][4] lists no date yet; Q3 2025 results came on Wednesday 29 October 2025 and the 2026 releases landed 24 to 30 days after quarter end at 7:00 a.m. ET, so late October at about 11:00 UTC.Verizon's third-quarter 2026 results, where it has guided mobility and broadband service revenue growth to approach 3.0 percent on the way to about 4.0 percent in the fourth quarter.0.68Volkswagen Approves About 50,000 More Job Cuts in Its Future Plan 2030
CONFIRMED83% CONFIDENCE21 days agoVolkswagen Group's[1] press release dated 3 September 2026 says "Wolfsburg. Today, the Supervisory Board of the Volkswagen Group unanimously approved the Executive Board's Future Plan 2030", which includes "a Group-wide workforce adjustment of approximately 50,000 positions".Volkswagen's supervisory board approved a group-wide cut of about 50,000 more positions, including management roles, on top of earlier programmes that bring planned job reductions to around 100,000 by 2030.0.67Omnicom 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…
CONFIRMED85% 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.0.67Verizon Signs Multibillion-Dollar Corning Fiber Deal Through 2032
CONFIRMED86% CONFIDENCE16 days agoVerizon[1], 8 September 2026: an agreement 'for 80+ million miles of high-density optical fiber and connectivity solutions from 2027 to 2032' - the end is the exclusive boundary after 2032.Verizon agreed to buy more than 80 million miles of Corning optical fiber from 2027 to 2032 to push toward 40-50 million broadband passings and build long-haul fiber between AI data centers.0.66Verizon Reports Q3 2025 Results, Schulman's First as CEO
CONFIRMED91% CONFIDENCE330 days agoThe release is dated October 29, 2025 and was published at 10:30 UTC (6:30 a.m. EDT); the 8-K exhibit was accepted at 10:31 UTC before the 8:30 a.m. ET call.[1]Verizon's third-quarter 2025 results, the first under new CEO Dan Schulman, showed adjusted EPS of $1.21 but a loss of 7,000 consumer postpaid phones, as Schulman promised to aggressively transform the company's culture and costs.0.66Verizon Reports Q2 2025 Results and Raises Guidance
CONFIRMED90% CONFIDENCE1.2 years agoThe release is dated July 21, 2025 and was published at 10:58 UTC (6:58 a.m. EDT), matching the 8-K exhibit accepted by the SEC[2][3] at 10:58:11 UTC, ahead of the 8:30 a.m. ET call.Verizon beat its own plan in the second quarter of 2025, with adjusted EPS of $1.22 and wireless service revenue of $20.9 billion, and raised its full-year guidance for adjusted EBITDA, adjusted EPS and free cash flow.0.65Verizon Reports Q1 2026 Results and Raises EPS Guidance
CONFIRMED91% CONFIDENCE150 days agoThe release is dated April 27, 2026; the SEC[2] accepted its 8-K exhibit at 11:00:42 UTC (7:00 a.m. EDT), ahead of the 8:30 a.m. ET call.Verizon posted its first positive first-quarter postpaid phone net additions since 2013, a record $13.4 billion of adjusted EBITDA, and raised its 2026 adjusted EPS guidance.0.65
