Joe Maring / Android Authority
TL;DR Rumors suggest Verizon will announce layoffs and store closures around November 20, though details remain unconfirmed.
The company reportedly plans to shut down less-profitable stores and cut staff across remaining locations, while expanding AI automation to fill the gaps.
It’s unclear if other big changes will be announced around this time, though it’s possible that there’s more to this coming shift than just layoffs.
Last week, I wrote an opinion about the current state of Verizon, as well as some of the moves it might need to make to right the ship. I also mentioned it seemed obvious that store closures would be part of this process and that Verizon’s situation would likely get worse before it got better. It seems this may be happening sooner rather than later, as rumors of imminent closures are flying around on online communities like Reddit and The Layoff. Likewise, a few publications have also picked up on the rumors, such as Phone Arena.
How do you feel about these rumors, if true? 7 votes Indifferent, I do everything online anyhow! 29 % I'm okay with closings, less okay with pushing more AI! 0 % If the rumors are true, I'm leaving Verizon. 71 % Other (Let us know in the comments) 0 %
Is there any truth to the rumors, and if so, how big a cull are we talking about? I decided to dig into the online chatter and speak with a few trusted sources familiar with Verizon’s retail business to see if I could learn more.
Don’t want to miss the best from Android Authority? Set us as a favorite source in Google Discover to never miss our latest exclusive reports, expert analysis, and much more.
to never miss our latest exclusive reports, expert analysis, and much more. You can also set us as a preferred source in Google Search by clicking the button below.
First, it’s important to be clear about this: none of the people I spoke to had specific details, only reports from their managers suggesting layoffs are on the way and likely to be announced on November 20. These cuts will reportedly include both complete store closures and staff reductions in locations that remain open. I also learned of an internal email from the new CEO late last month stating that the company will take “bold actions to make the company leaner,” which was similar to the remarks made during the company’s last earnings call. Like the previous call, the email offered no specifics.
... continue reading