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Comcast Faces Major Job Cuts and Financial Struggles Amid Intensifying Broadband Competition

Technology News

Comcast Faces Major Job Cuts and Financial Struggles Amid Intensifying Broadband Competition

US media group Comcast planning significant job cuts as part of reorganisation

The Straits Times

US media group Comcast planning significant job cuts as part of reorganisation

Comcast plans significant jobs cuts as it restructures cable, broadband and wireless businesses ahead of the NBCUniversal spin-off.

Comcast to cut cable jobs, take $1-billion-plus charge as broadband losses deepen

Los Angeles Times

Comcast to cut cable jobs, take $1-billion-plus charge as broadband losses deepen

Comcast plans layoffs in its broadband and wireless business ahead of spinning off NBCUniversal, after losing 144,000 broadband customers last quarter.

Comcast broadband losses deepen as competition pressure core business

Reuters

Comcast broadband losses deepen as competition pressure core business

Comcast lost more broadband customers than expected in the third quarter as fierce competition chipped away at its core ​business, while NBCUniversal benefited from gains in theatrical and...

Comcast Planning Significant Jobs Cuts as Part of Reorganization

Bloomberg

Comcast Planning Significant Jobs Cuts as Part of Reorganization

Comcast Corp. is planning a significant number of job cuts as part of an overall restructuring of its cable-TV, broadband and wireless businesses, according to people familiar with the company’s...

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