If the rumors are correct, Verizon’s ‘bold’ new direction may apparently in

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Credit: 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.

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.




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