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Exclusive-Comcast plans to cut jobs at its biggest unit, housing broadband and pay TV, to centralize operations, source says
Yahoo Financeยท 2025-09-19 22:20
Group 1 - Comcast is planning to cut jobs at its largest unit, which includes Xfinity internet, mobile, and pay television, to centralize operations and strengthen its broadband business [1][5] - The connectivity and platforms unit currently has a three-tier management structure, which will be streamlined to have regional leaders report directly to a new executive overseeing nationwide operations [2][3] - The company has previously centralized various operations, including marketing, legal, and finance, and has shifted to national pricing to standardize offerings across the country [3][4] Group 2 - The job cuts are part of an effort to turn around the broadband business, which has faced subscriber losses to competitors like AT&T, T-Mobile, and Verizon [5] - Front-line teams in customer service and retail will not be affected by the job cuts, although the exact number of positions impacted has not been disclosed [5][6] - The changes are aimed at simplifying operations to enhance competitiveness, rather than reflecting on individual contributions [6]