Comcast (NASDAQ:CMCSA) is considering staff reductions at its biggest unit, Connectivity & Platforms, which runs its Xfinity internet, mobile, and pay TV operations. Reuters reported, citing a source familiar with the matter.

The layoffs will be part of a restructuring initiative that the company expects to begin in January to eliminate a management layer between its corporate and regional offices in an attempt to streamline the unit’s management.

Comcast’s (NASDAQ:CMCSA) Connectivity & Platforms division, which also includes the company’s Sky brand, currently operates under a three-tier management structure where division heads serve as a link between the regional heads and headquarters.

As part of the revamped setup, the regional teams will report directly to a new executive overseeing nationwide operations, a memo sent to employees indicates. The source said that while there would be layoffs, Comcast (NASDAQ:CMCSA) was still finalizing which positions needed to be centralized.

In the memo, the company didn’t disclose how many roles would be eliminated but stated that customer-facing frontline teams, such as those focused on customer service and retail, would not be impacted.

READ FULL ARTICLE HERE

The post Comcast Said To Be Eyeing Layoffs At Its Biggest Unit appeared first on citybiz.

This contant was orignally distributed by citybiz. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Comcast Said To Be Eyeing Layoffs At Its Biggest Unit.