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Jewish News 24 · Jul 19, 2026

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Verizon is reportedly selling 274 company-owned retail stores (which will continue operating under authorized retailers) and cutting about 500 corporate jobs as part of a broader restructuring. The changes, effective mid-August, will impact roughly 3,000 jobs overall, including approximately 2,500 retail positions. The company will retain around 1,000 corporate-owned stores.

Verizon is reportedly selling 274 company-owned retail stores (which will continue operating under authorized retailers) and cutting about 500 corporate jobs as part of a broader restructuring. The changes, effective mid-August, will impact roughly 3,000 jobs overall, including approximately 2,500 retail positions. The company will retain around 1,000 corporate-owned stores.

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