Verizon is set to cut hundreds of jobs as the carrier continues to shrink its workforce.

The move comes just months after the slashing of 13,000 jobs at the company.

The latest layoffs are set to represent less than one percent of Verizon's total workforce, according to Business Insider, which first revealed the news.

Business Insider reported last week that Verizon confirmed plans to cut more jobs, though it didn't specify an exact number.

The largest proportion of cuts is set to take place at the carrier's headquarters in Basking Ridge, New Jersey.

Rival carriers AT&T and T-Mobile have each set out plans to cut about 75 workers in the state this year, added the report.

Despite the job cuts, Verizon still has more than 1,000 job listings on its website, which affected employees could apply for.

"We're continuing to add headcount to grow parts of the business that are growing while making targeted job reductions to portions of the business where this is needed," said a Verizon spokesperson in a statement.

The telco currently has around 85,000 employees. Only 10 years ago, this number was 177,000 people. Over the last three years, 20,000 jobs have already been lost at the telco.

The layoffs last year were the largest ever in Verizon's history, and came fresh off the back of CEO Dan Schulman taking the helm in October. His appointment came largely as a shock to the industry when he replaced long-term CEO Hans Vestberg.

Since taking the helm, Schulman has been a big advocate of AI, while outlining his ambition to make Verizon a "leaner" company.

"We will be a simpler, leaner, and scrappier business. This work is overdue and will be multi-year and an ongoing way of life for us," said Schulman back in October.

The emergence of AI is set to play a pivotal part in this reboot, according to Schulman.

DCD has contacted Verizon for comment.