Cable provider Charter Communications announces layoffs

The West Central Tribune reports…

Cable giant Charter Communications is laying off close to 1,200 employees, or just over 1% of its 95,000-person workforce, a source familiar with the matter told Reuters on Tuesday.

The job cuts will affect corporate management positions within the company and will not impact sales or service roles, the source said, adding that the layoffs are intended to streamline operations.

Charter follows other media and cable peers that are trimming their workforce. Last month, Reuters reported exclusively that Comcast was planning to cut jobs at its biggest unit, which houses broadband and pay TV, to centralize operations.

Newly merged Paramount Skydance will begin mass layoffs next week, eliminating around 2,000 U.S. jobs, according to media reports .

Charter is facing growing pressure from telecom carriers offering bundled internet and 5G mobile plans. The company lost 117,000 internet customers in the second quarter, and 60,000 in the January-March period.

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About Ann Treacy

Librarian who follows rural broadband in MN and good uses of new technology (blandinonbroadband.org), hosts a radio show on MN music (mostlyminnesota.com), supports people experiencing homelessness in Minnesota (elimstrongtowershelters.org) and helps with social justice issues through Women’s March MN.

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