Comcast is planning to cut jobs at its largest unit, which includes its Xfinity internet, mobile, and pay television businesses. A source familiar with the matter stated that this move is part of the company’s efforts to centralize its operations and strengthen its broadband business.
Starting in January, Comcast will eliminate a management layer between its corporate and regional offices. This restructuring will streamline the unit’s management but will also result in a reduction in headcount. The connectivity and platforms unit, which also operates the Sky brand in Europe, currently has a three-tiered management structure where regional teams report to division heads, who then report to corporate headquarters.
According to a memo sent to employees, regional leaders will now report directly to a new executive who will oversee nationwide operations. The source confirmed that job cuts will occur, but Comcast is still in the process of identifying which roles will be centralized at the headquarters.
This news of potential job cuts comes as the company works to improve its broadband business, which has been losing subscribers to wireless competitors like AT&T, T-Mobile, and Verizon. The memo to employees specified that front-line teams supporting customers, such as those in customer service and retail, will not be affected. It stated, “This change is not a reflection of anyone’s contributions—it is about simplifying how we work so we can compete more effectively.”
