Thread regarding Comcast layoffs

Wasn't a 60-day notice provided when the divisions had their layoffs? so 60 has been given.

@cy the same way we managed all the previous changes. Just keep working and try not to be on the next list and keep looking for something else if you feel your time is up.

@cy I suspect that many who remain will be looking for another job. If I remain, that’s exactly what I’ll be doing. I’m torn on whether it would be better to get severance and face a tough job market hoping to find something within the severance period or having a job while looking for another. Either way, I don’t plan to hang around any longer than I need to.

Out of all the threads this sounds the most accurate and in line what what has happened in the past. My only question is for those who remain, how will they have the drive to work?

The words from the CFO at the Goldman Sachs conference are published right on the investor relations site:

"But we embarked earlier this month on the largest cost transformation in the company's history, so that's sort of going on right now. This will be billions of dollars of costs. I'd frame it more as a transformation. It's not a budget exercise. It is, how do we rewrite the rules in terms of how we do business on the Connectivity and Technology side."

Do we know exactly what this is going to look like? No. Is it going to be unlike anything the company has ever seen previously? Absolutely. Folks can squabble about the specifics all they like, but there's no denying sh-t is going down in a big way.

It's hilarious how everyone here doubts posts like this, including the scale of the layoffs, after seeing what has happened the last few years around this time.

The mind is incredible at rejecting information it doesn't want to hear.

@cf They’re most likely setting company up to be acquired either by some private equity giant or a merger with charter or some other telecom company.
they could even further split the business and sell off the infrastructure piece of the business and the software side of things as another piece.
but that’s just my speculation. i don’t see the whole being a tech company idea coming to fruition

If this comes to fruition as predicted, does it seem reasonable that the company might also halt new projects and transition into more of a “just keep the lights on” mode of operation? If they are positioning to eventually be sold, dumping capital into new projects that may or may not provide actual value seems like it might be a waste. Besides, who will be left with time to work on anything new?

@ad it is a tough crowd here, plus @a8 was asking for it.

so @a8 asking for details gets downvoted? makes sense?

there's so much info/speculation swirling, we need to be careful with opinion vs. "i know"

Another thread which seems more credible said 15%, so which of you is lying?

Sure Jan

@OP tell us more about how you "know" this. beyond you saying nothing new, you speak with an authority that means jack sh-t on an anonymous board, gtfoh

I was part of the 2025 EOY layoff. The severance was very generous - full pay and lasted most the 2026 year but I was Director+. We also got our March bonus to my surprise. But as someone said, not everyone is making $150k+. From what I understand, how long and how much of severance depended on title. While mine was generous, there are people below the title I had whose may not have been. Not to mention, who knows what they’ll do this time. But overall, based on the past, this sounds accurate. Also, people who watched us go out the door last year are now headed or already were forced to head out the door this year. This is a sinking ship. Just get out while you can. There are much better companies than Comcast.

Those laid off who posted aren't trolling. Orlando just got hit badly. And I personally know people that are being laid off from various roles. They do it in pieces first then they flood the gates. Maybe some of the percentages are off because nobody really knows for certain. Months of severance that's taxed is not generous when you're on the verge of being homeless. We don't all make 150k a year.

During the last large-scale purge, staff remained in place until March. At this point, it’s unclear how things will be handled this year, and we likely won’t have clarity until Friday or sometime next week.

If layoffs are expected to take effect on 12/31, notice would need to be issued by 11/1 at the latest. If this is another large-scale layoff, it could happen in phases, similar to 2023, with layoffs continuing for several weeks after the earnings call.