Verizon is selling 274 company-owned stores to franchise operators. This move will impact approximately 3,000 employees, including store staff and corporate positions. The company is eliminating about 500 corporate roles as part of this reorganization. While store employees may be hired by new operators, there is no guarantee of employment. This follows previous job cuts and a significant layoff announced last year.
https://www.cronista.com/en/today/mass-layoffs-are-coming-leading-phone-company-announces-plans-to-sell-274-stores-affecting-3000-workers-this-week/