Verizon is planning to cut about 15,000 jobs, a person familiar with the matter told Reuters on Thursday.

The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week, the person said.

The layoffs, the largest ever for the wireless carrier and impacting about 15% of its workforce, are set to take place in the next week, Reuters reported. REUTERS

Verizon did not immediately respond to a Reuters request for comment.

This is a developing story. please check back for updates.

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