What does a company do after it slashes thousands of workers? Why, it rehires again!
This is what Verizon might be doing – and people are already applying to work for the Big Red.
Hire freeze over now?
Image by PhoneArena
A Reddit user by the nickname of "Boredomx100" says they're wondering if Verizon's has started hiring again – and specifically for its corporate retail stores. The author noted a pause in job postings, followed by new retail openings, and is now trying to determine if this signifies a true end to the hiring freeze or merely the delayed publication of pre-planned vacancies.
The responses from other users in the thread offer a bit of a cynical (but practical) view, suggesting the new openings are tied to a corporate strategy of cost reduction. One commenter noted a common corporate practice of eliminating positions only to hire new people six months later for the same work under a different title, likely at a lower salary.
Another user explicitly pointed out that this restructuring involves hiring new staff at a "much lesser rate" and potentially with fewer attached benefits, effectively making the layoffs a move to reduce overall compensation costs.
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The community also advised caution for external candidates seeking employment at a corporate store. One reply indicated that the company is currently prioritizing "internal" employees for any open retail roles, especially in regions affected by the conversion or divestiture of corporate stores.
Will Verizon's service get better after the job axing?
Yes: Verizon will have more money to spend on its network.
5.22%
I hope that it does!
11.19%
No, it won't.
83.58%
Verizon's big move
As you've heard by now, Verizonannounced that it would lay off about 15,000 employees in its largest downsizing ever as new CEO Dan Schulman pushes to cut costs and simplify operations.
Verizon is changing its business because high prices have caused it to lose many customers.
The company says it needs a "customer-first culture" but argues its current costs are too high to offer competitive prices. To fix this, they are cutting costs aggressively: laying off thousands of employees, closing stores, and turning 179 corporate stores into independent franchises. Verizon also plans to use fewer contract workers and has created a $20 million fund to help laid-off staff with retraining and finding new jobs.
Although Verizon is the largest US carrier, it is losing ground to rivals like T-Mobile. The company has brought in a Chief Transformation Officer, signaling a shift toward relying more on AI and automation.
A mixed bag
Not to burst anyone's bubble, but the new wave of Verizon job postings comes with its own mix of pros and cons.
On one hand, fresh openings suggest movement after a time of uncertainty, and that alone offers some hope to people looking for stable work. On the other hand, the timing and structure of these roles raise fair questions about whether this is genuine regrowth or simply cost-cutting disguised as hiring. If you're thinking about applying, it's worth keeping in mind that the company is still going through major changes.
Sebastian, a veteran of a tech writer with over 15 years of experience in media and marketing, blends his lifelong fascination with writing and technology to provide valuable insights into the realm of mobile devices. Embracing the evolution from PCs to smartphones, he harbors a special appreciation for the Google Pixel line due to their superior camera capabilities. Known for his engaging storytelling style, sprinkled with rich literary and film references, Sebastian critically explores the impact of technology on society, while also perpetually seeking out the next great tech deal, making him a distinct and relatable voice in the tech world.
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