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The Zhitong Finance App learned that Comcast is planning large-scale layoffs as part of a comprehensive restructuring of its cable, broadband and wireless business, according to people familiar with the matter. The person mentioned above, who requested anonymity because plans have not been disclosed, said that the purpose of this restructuring is to allow Comcast to operate as an independent company after splitting the NBCUniversal business next year. Layoffs may begin to be announced in the coming weeks, with the goal of creating a leaner workforce, freeing up cash to invest in more growth opportunities, and other long-term goals.
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The Zhitong Finance App learned that Comcast is planning large-scale layoffs as part of a comprehensive restructuring of its cable, broadband and wireless business, according to people familiar with the matter. The person mentioned above, who requested anonymity because plans have not been disclosed, said that the purpose of this restructuring is to allow Comcast to operate as an independent company after splitting the NBCUniversal business next year. Layoffs may begin to be announced in the coming weeks, with the goal of creating a leaner workforce, freeing up cash to invest in more growth opportunities, and other long-term goals.
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