Verizon Layoffs ● Effective Oct 16, 2026

📍 2 states with filings 📄 8 total WARN notices 👥 2,182 workers affected
View filingsTrack this companyLatest reporting

Verizon has filed 8 WARN notices across 2 states, affecting 2,182 workers. The largest concentration of filings is in New Jersey. Filing dates range from Dec 31, 2024 through Oct 16, 2026. The Feb 20, 2026 filing for 1,319 workers in Basking Ridge is the largest filed in New Jersey in 2026 and larger than 99 percent of WARN filings nationally. Basking Ridge accounts for 90% of affected workers.

Last 24 Months

Workers Affected
2,182
Filings
8
Avg Workers / Filing
272
Most Affected City
Basking Ridge, NJ
1,963 workers
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Verizon Layoff History

Monthly avg: 90/mo

Top States

Workers by year

The current year is incomplete; these totals are not a like-for-like growth comparison.

2026 YTD
1,967
2025
2024

Closure vs. Layoff

Layoffs — 100%
100%

Type not specified for 75% of filings.

About Verizon

Verizon Communications is a telecommunications company headquartered in New York City. The company operates the largest wireless network in the United States and provides broadband, fiber optic (Fios), and business communications services. Verizon employs roughly 105,000 people.

More about Verizon's layoff history and outlook

Layoff History

Verizon has conducted multiple rounds of workforce reductions as the telecom industry consolidates and shifts toward automated network management. The company offered voluntary separation packages to thousands of employees in 2018 and has continued smaller reductions since. WARN filings from Verizon and Verizon Wireless reflect call center closures, retail store consolidations, and network operations restructurings across multiple states.

How Verizon Has Handled Past Disruption

Verizon's early investment in fiber optic infrastructure (Fios) positioned it well for broadband demand, though the company stopped expanding the Fios footprint in the mid-2010s. Its acquisitions of AOL (2015) and Yahoo (2017) were intended to build a digital media and advertising business, but that strategy failed and the combined entity was sold at a loss in 2021. The company refocused on its core wireless and broadband business.

Current Context

Verizon replaced CEO Hans Vestberg with former PayPal CEO Dan Schulman in October 2025. Schulman took over immediately with a mandate to reverse years of market share losses and revive growth. The company is completing its $20 billion acquisition of Frontier Communications (expected to close in early 2026) to expand its fiber network. Schulman has signaled aggressive changes to cost structure and company culture. Verizon is also investing in 5G network expansion, fixed wireless broadband, and AI for network management and customer service automation. Ongoing cost reduction efforts are likely to continue generating workforce changes.

Last reviewed 2026-04-15
Sources

All Verizon WARN Filings

All Closures Layoffs 202620252024
LocationStateTypeWorkersEffectiveRecorded
Basking Ridge NJ 282 Not separately reported
Recorded: 2026-10-16 (source date)
2026-10-16 (source date)
Basking Ridge NJ 35 Not separately reported
Recorded: 2026-09-18 (source date)
2026-09-18 (source date)
Basking Ridge NJ 121 Not separately reported
Recorded: 2026-08-07 (source date)
2026-08-07 (source date)
Basking Ridge NJ 156 Not separately reported
Recorded: 2026-08-07 (source date)
2026-08-07 (source date)
Not Provided WA Layoff 54 2026-09-18
Recorded: 2026-07-16
2026-07-16
Basking Ridge NJ 1,319
larger than 99% of filings
Not separately reported
Recorded: 2026-02-20 (source date)
2026-02-20 (source date)
Not Provided WA Layoff 165 2026-01-23
Recorded: 2025-11-21
2025-11-21
Basking Ridge NJ 50 Not separately reported
Recorded: 2024-12-31 (source date)
2024-12-31 (source date)

Were you laid off from Verizon?

Verizon has an upcoming layoff effective Oct 16, 2026. If you are affected, you remain employed with regular pay and benefits until the effective date. Use this time to prepare: file for unemployment insurance so your claim is ready when your last day arrives, review your COBRA health coverage options, and visit your local America's Job Center for free career counseling and retraining vouchers. Ask about Rapid Response services, which are specifically designed for WARN-affected workers.

File for Unemployment Insurance

Find your state's unemployment insurance program and apply online. You may be eligible before your last day.

COBRA and Health Coverage

Continue your employer health plan for up to 18 months, or compare lower-cost options on the Health Insurance Marketplace.

Your Rights Under the WARN Act

Federal WARN generally requires 60 days notice for covered employers and qualifying events, subject to exceptions. State rules may differ.

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Find Your Local Job Center

America's Job Centers offer free career counseling, resume help, interview prep, job search assistance, and retraining vouchers for workers affected by WARN Act layoffs. Ask about Rapid Response services.

About This Data

Data on this site comes from WARN Act filings published by state workforce agencies. Where a state does not publish a usable list, filings come from a third-party compilation and are marked on each row. Filings are updated regularly but may not reflect same-day submissions. Coverage varies by state.

Other companies laying off in New Jersey

Related News — Verizon

News reports may describe a different time period, geography or company-wide announcement. This page contains 8 filings covering 2,182 reported workers in the last 24 months. Those figures cannot be reconciled with a headline alone. Use the individual source records above to check locations and dates; filings can include amendments and do not prove that all announced layoffs occurred.

Recorded dates on these filings

Across 2 filings with usable paired dates, the median recorded gap is 63 days. This is date arithmetic, not a finding about notice received by workers or legal compliance. Source definitions, coverage and exceptions matter.

What to check in your own notice and severance agreement.

Still employed and expecting a cut?

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