Google says vz has 89,900 employees. The count of contractors is not available. Could contractors be included in the "total" global workforce count (as referenced in several new stories about the firings)? The number of fulltime employees is 89,900 (per Google). The count of contractors could be 10K, 50K, 100K....
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Contractors aren't included in employee counts. They never have been. Verizon has employees globally and, as employees, they are part of the global employee headcount numbers. From someone who has been here a few decades now, none of this is new. Europe also had a reduction in the last 1-2 months.
Can confirm, contractors I know are all still here, but my manager got cut. Since they already paid for us for the year, sunk cost fallacy?
I was a contractor for 4 years and I proved my worth and was offered a full time position with Verizon two years ago… I got laid off due to seniority in my group. We had about 4 employees and the rest contractors. Now I kind of wish I stayed a contractor because nothing is happening with any of them. You used to be proud and happy when hired on with the company… i just wish it could’ve lasted longer.
@cr which group are you in at frontier?
Why can't it be me?
Fwiw, myself and the rest of a very small team were RIF on Thursday. We are part of Frontier that were now technically Verizon. Our boss, a Frontier VP, was let go a month ago. My point in sharing this is that perhaps the hundreds that were let go yesterday include some Frontier people.
My boss in NS said it's 15%, I'm one of them
The "Shadow" Workforce: While Verizon reported roughly 100,000 full-time employees at the end of 2024, industry analysts often estimate that large telcos maintain a contractor-to-employee ratio that can add another 15% to 25% to their total functional headcount. This would suggest a contractor pool in the range of 15,000 to 25,000 globally.
There is 99,600 Full Time Employees as of 3/31/2026.
I’m surprised the news is reporting that it’s only a 1% cut. Based on the posts here, it sounded much larger, in thousands at least. There are some other posts that said today’s layoff was comparable to the one in November.
899 = 1%
VZ could cut only fulltime VZ employees, but reference the total global workforce to lower the reported percentage impact. Cut 2,000 fulltime VZ employees, but say it is out of (89,900 + x number of contractors (unknown number to all but the "leadership")), so it is less than 1% of the global "workforce."