Telecom Giant That Handed GOP Phone Records To Jack Smith Reportedly Expects Massive Layoffs

Verizon Communications, which has recently come under scrutiny due to its alleged role in the “Arctic Frost” probe, is set to slash roughly 15,000 jobs, the Wall Street Journal (WSJ) reported on Thursday.

The telecommunications giant is hoping the move will help to lower costs amid growing competition, the WSJ reported, citing anonymous sources familiar with the matter. The plan would mark the largest workforce reduction in the company’s history, the outlet reported.

Obama-appointed federal judge James Boasberg signed orders in 2023 barring telecom carriers from informing 11 GOP members of Congress that special counsel Jack Smith had subpoenaed their cell phone records from Jan. 4 and Jan. 7, 2021. While Verizon complied with Smith’s subpoena, AT&T did not.

Verizon did not respond to the 🏢Daily Caller News Foundation’s request for comment.

The job cuts are expected to occur in the next week, the anonymous sources told the WSJ. Most of Verizon’s workforce reduction is projected to be a result of layoffs, the same sources told the outlet.