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Verizon Announces Major Workforce Reduction Plan

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Verizon Announces Major Workforce Reduction Plan

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Verizon ( (VZ) ) has issued an announcement.

On November 20, 2025, Verizon announced plans to record a severance charge of $1.6 billion to $1.8 billion in the fourth quarter of 2025 as part of its cost reduction strategy. This involves eliminating over 13,000 positions, with more than 80% of affected employees leaving in December 2025, and reducing outsourced labor expenses.

The most recent analyst rating on (VZ) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Verizon stock, see the VZ Stock Forecast page.

Spark’s Take on VZ Stock

According to Spark, TipRanks’ AI Analyst, VZ is a Outperform.

Verizon’s strong financial performance and attractive valuation are significant strengths, supporting a solid overall score. However, technical analysis indicates bearish momentum, and challenges in customer churn and competitive pressures weigh on the outlook. The company’s strategic initiatives and raised guidance provide confidence in its ability to overcome these challenges.

To see Spark’s full report on VZ stock, click here.

More about Verizon

Verizon Communications Inc. operates in the telecommunications industry, providing a range of services including wireless communications, broadband, and digital media. The company focuses on delivering connectivity and communication solutions to consumers and businesses globally.

Average Trading Volume: 24,980,172

Technical Sentiment Signal: Buy

Current Market Cap: $173.7B

For detailed information about VZ stock, go to TipRanks’ Stock Analysis page.

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