The telcom giant becomes the latest to shed thousands of staff, but also sets up a training program for employees it is handing pink slips to.

Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must "reorient" its entire company.

In 2024, Verizon employed 1,520 people in Arizona. It's unclear how many will lose jobs in the company's layoffs.

In September, Verizon said it had around 100,000 full-time employees, so the layoffs constitute about 13 percent of the workforce. Over the previous three years, Verizon had cut about 20,000 jobs. Meanwhile, a $20 billion takeover of telecoms company Frontier Communications is set to close early next year.

U.S. employees will be notified Thursday if they are being laid off in Verizon’s largest-ever round of workforce cuts.

Verizon is beginning to lay off more than 13,000 workers on Thursday in an effort to trim down staff and increase investments.

Verizon plans to lay off 13,000 employees, its new CEO said Thursday. The job cuts will make Verizon "faster and more focused," Verizon's CEO Dan Schulman said in a message to employees. Bloomberg earlier reported the news.