Verizon Layoffs: The New CEO's Purge, 2025 Forecasts, and Public Outrage – What Reddit is Saying

Verizon's 'Reorientation' is Just Corporate Speak for a Bloodbath

Alright, folks, gather 'round, because Verizon just pulled a classic corporate bait-and-switch, and honestly, I’m not even surprised. New CEO, Dan Schulman, barely got his feet under the desk before he started swinging the axe. We're talking about over 13,000 jobs getting vaporized, roughly 20% of their nonunionized management workforce. They call it "reorienting the entire company," but let's be real, that's just a fancy way of saying "we're cutting costs and sacrificing people." It ain't rocket science.

This isn't just some minor trim, either. We're talking about the biggest round of Verizon layoffs in the company's entire history, as detailed in the report titled New Verizon CEO announces historic layoffs affecting 20% of management staff. Think about that for a second. Verizon, a behemoth with nearly 100,000 full-time employees just last year, decides that a fifth of its management is suddenly... expendable. And why? Because Schulman, who just last month took the top spot, wants to "improve customer experiences" and deal with "rising competition." Give me a break. You can almost hear the nervous coughs echoing through those suddenly emptier corporate hallways, right? The air thick with the unspoken dread of who's next.

The Cost of 'Competition' and Corporate Jargon

Here’s the kicker: this isn't a struggling startup barely making ends meet. Verizon just posted Q3 2025 earnings of $4.95 billion with a whopping $33.82 billion in revenue. Billions, with a 'B'. So, while they're raking in cash hand over fist, they're simultaneously telling thousands of people that their dedication, their experience, their very livelihoods, are no longer necessary. They expect us to believe this nonsense, and honestly... it's a bitter pill to swallow for anyone who’s ever been on the wrong end of a corporate "restructuring."

They lost a net 7,000 postpaid connections in the third quarter. Yeah, I get it. Competition from AT&T and T-Mobile is fierce. But are we really supposed to believe that gutting your management team is the secret sauce to winning back customers? I mean, who do you think is actually managing those customer experiences? Last I checked, it wasn't some AI bot making sure your Verizon wireless service is top-notch. It's people. And now, there are 13,000 fewer of 'em. What does "improving customer experience" even mean when you're thinning the ranks of the very people tasked with... you know, managing the experience? It’s like a chef deciding to improve the restaurant by firing all the sous chefs and then wondering why the food's taking forever and tastes like burnt toast.

The Insult of the 'Reskilling' Fund

And then, the cherry on top: the $20 million "Reskilling and Career Transition Fund." Twenty million bucks. That's, what, a single tear in an ocean of corporate indifference when you consider the billions they're pulling in? No, "single tear" is too kind—it's a speck of dust in the grand scheme of things. This ain't just trimming the fat; it’s like a corporate surgeon decided to amputate a limb because the patient had a hangnail, and then offered them a Band-Aid and a pamphlet on how to grow a new arm.

Do they honestly think a few workshops on how to update your LinkedIn profile will make up for years of dedicated service, for mortgages, for kids' college funds? This fund is a classic corporate PR move, a token gesture designed to soften the blow and make it seem like they actually care. But the impact is clear: thousands of families are now scrambling, trying to figure out their next move while Verizon news cycles spin it as a necessary evil for future growth. It reminds me of that time my internet went out for three days, and their 'customer service' was just a chatbot loop. You think that's gonna improve now that they've shown thousands the door? I don't think so. Maybe I'm just too cynical, but this whole thing just stinks, don't it?

The Only Thing They're Reorienting Is Their Bank Account

Let's be brutally honest here. The new Verizon CEO didn't come in to make friends. He came in to boost the bottom line, probably to impress the shareholders and maybe, offcourse, secure his own fat bonus. These layoffs 2025 aren't about "reorientation" or "customer experience." They're about cold, hard cash. It's about squeezing more profit out of fewer people, regardless of the human cost. And anyone who tells you otherwise is either deluded or on the company payroll.