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Verizon Communications's Number of Employees

  • In fiscal year 2023, the total number of employees at Verizon Communications was 105,400. The employee count decreased by 11,700 from 117,100 (in 2022) to 105,400 (in 2023). It represents a -9.99% year-over-year decline in employee count.

  • Over the past 10 years (2014-2023):
  • The highest number of employees at Verizon Communications was 177,700 in fiscal year 2015.
  • The lowest number of employees was 105,400 in fiscal year 2023.
  • The average number of employees was 142,390.

  • Learn more about Verizon Communications's Revenue by Segment and Revenue by Region.

    Check out competitors to Verizon Communications in a side-by-side comparison.

    Explore additional financial metrics for Verizon Communications.


    Definition of employee :
  • An Employee is any individual who renders service to the business as per the mutual agreement in exchange for a fixed remuneration. Refer to our glossary for more details, examples, and formulas.
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2023

Verizon Communications's number of employees was 105,400 in fiscal year 2023.

2022

Verizon Communications's number of employees was 117,100 in fiscal year 2022.

2021

Verizon Communications's number of employees was 118,400 in fiscal year 2021.

2020

Verizon Communications's number of employees was 132,200 in fiscal year 2020.

2019

Verizon Communications's number of employees was 135,000 in fiscal year 2019.

2018

Verizon Communications's number of employees was 144,500 in fiscal year 2018.

2017

Verizon Communications's number of employees was 155,400 in fiscal year 2017.

2016

Verizon Communications's number of employees was 160,900 in fiscal year 2016.

2015

Verizon Communications's number of employees was 177,700 in fiscal year 2015.

2014

Verizon Communications's number of employees was 177,300 in fiscal year 2014.

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2023

Verizon Communications's number of employees decreased -9.99 % during fiscal year 2023 compared to 2022.
It represents a decline of 11,700 employees from 117,100 (in 2022) to 105,400 (in 2023).

2022

Verizon Communications's number of employees decreased -1.1 % during fiscal year 2022 compared to 2021.
It represents a decline of 1,300 employees from 118,400 (in 2021) to 117,100 (in 2022).

2021

Verizon Communications's number of employees decreased -10.44 % during fiscal year 2021 compared to 2020.
It represents a decline of 13,800 employees from 132,200 (in 2020) to 118,400 (in 2021).

2020

Verizon Communications's number of employees decreased -2.07 % during fiscal year 2020 compared to 2019.
It represents a decline of 2,800 employees from 135,000 (in 2019) to 132,200 (in 2020).

2019

Verizon Communications's number of employees decreased -6.57 % during fiscal year 2019 compared to 2018.
It represents a decline of 9,500 employees from 144,500 (in 2018) to 135,000 (in 2019).

2018

Verizon Communications's number of employees decreased -7.01 % during fiscal year 2018 compared to 2017.
It represents a decline of 10,900 employees from 155,400 (in 2017) to 144,500 (in 2018).

2017

Verizon Communications's number of employees decreased -3.42 % during fiscal year 2017 compared to 2016.
It represents a decline of 5,500 employees from 160,900 (in 2016) to 155,400 (in 2017).

2016

Verizon Communications's number of employees decreased -9.45 % during fiscal year 2016 compared to 2015.
It represents a decline of 16,800 employees from 177,700 (in 2015) to 160,900 (in 2016).

2015

Verizon Communications's number of employees increased 0.23 % during fiscal year 2015 compared to 2014.
It represents a increase of 400 employees from 177,300 (in 2014) to 177,700 (in 2015).

2014

Verizon Communications's number of employees increased 0.28 % during fiscal year 2014 compared to 2013.
It represents a increase of 500 employees from 176,800 (in 2013) to 177,300 (in 2014).

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Summary Table

Period Employees Year-over-Year Change
2023 105,400 -9.99%
2022 117,100 -1.1%
2021 118,400 -10.44%
2020 132,200 -2.07%
2019 135,000 -6.57%
2018 144,500 -7.01%
2017 155,400 -3.42%
2016 160,900 -9.45%
2015 177,700 0.23%
2014 177,300 0.28%