“Simpler, Leaner, and Scrappier Business”: Verizon Slashing 15,000 Jobs

What’s Happening at Verizon?

Verizon is reportedly preparing to conduct its largest-ever round of job cuts: eliminating approximately 15,000 positions.

A person familiar with the matter told Reuters that the workforce reduction — expected to heavily impact non-union management — is set to take place as soon as Nov. 17.

“We will be a simpler, leaner, and scrappier business,” CEO Dan Schulman said after taking the reins of the telecommunications giant last month.

Sources claim Verizon also plans to transition around 180 corporate-owned retail stores into franchised operations.

• SEE ALSO: Layoffs in Canada: Which Employers are Slashing Staff?

Impact on Canadian Staff

Samfiru Tumarkin LLP is working to determine if any Canadian employees at Verizon are being let go.

According to LinkedIn, the company currently has more than 200 workers in Canada.

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Lost Your Job? Get Help Now

📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.

If you’ve lost your job at Verizon for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.