20k is the number. Around 15%. Will be announced on the earnings call Thursday along with a major announcement regarding the future of Comcast. I personally hope it’s Roberts stepping down. Monday will be the first people notification and official separation begins on 10/29. I am a former VP in CB.
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@OP this aged well.
Linkedin is full of people who received their notices today and yesterday :-(. They’re all saying that they will work until December 31.
@cj there is a new leader COO in CB operations that is an absolute disaster. Everyone hates working for him. The wheels have completely come off since he took the job.
Like all things Comcast, he will probably just get promoted again.
I was laid off last year. They're getting rid of as many older workers as possible so as to reduce expenditures for healthcare and stock options. You can bet on a merger with Spectrum within the next 18 months to create a single cable/Internet entity. I also see Netflix buying the NBCUniversal library as well as their sports packages. Also, look for Roberts to announce his retirement no later than June 1, 2027.
@d8 Absolutely not a lie. I co-sign what was said about a few notices already given. HQ Talent org, under Hudson
@ar Without saying which org this is a lie.
@OP This somewhat aligns with what I heard directly from my senior leader. Just sharing as this is what I heard directly from them so believe it or not just sharing for potential awareness.
1.) 10/22 Earnings call will provide more vague details of what Armstrong talked about at the GS conference.
2.) 10/26 the communication will go out on what the future company will look like to empoyees.
3.) 10/28-10/30 Impacted employees will be notified.
4.) 12/28-12/30 will be last day worked for impacted employees.
@ac The original invite scheduled on 11/4 was for two plus hours. The updated invite reduced it to 1 hour as most impacted teammates should begin to receive notifications the following week. I've stopped attending the meetings after realizing I'm wasting my time and my recommendations are falling on deaf ears, as this has become about saving money and the McKinsey firm sees no future in the current executive team.
@cj sounds like BS
@av some regions being consolidated. PAC West and Cali is one. Biggest hits will be at the senior level everywhere. Even CB which is still growing. That’s why they haven’t read in any VPs. This has been NDA AT SVP level.
@at let’s use our brains shall we? 30%? Think about that. That would be more than any company in the financial crisis. Citi and B of A laid off 15%. Like 50k each. . Most since 2007
@aj “Roberts is already stepping away after the split”. That’s your quote. That is completely inaccurate. He is still the Chairman and controlling vote. CEOs are not in 100% in charge of public companies. He has stepped away from nothing. My original post states it is my hope that he steps away. Meaning gives up control. This has been the issue for the past 5 years. Roberts protecting his legacy at the cost of the stock price.
@a5 curious if you can share some of the groups impacted. Not specifically roles but just high level groups out of the organization that will see impact?
@OP another thread said it's 30%, are you lying?
sorry, i meant official end date being 12/31
@a7 i can confirm this. i personally know people who got their notices today 10/19, with their official end date being 10/31
@ac Anyone impacted who’s given a notice period would still be employed and could choose whether to attend. Anyone whose departure is immediate simply wouldn’t be there. Either way, there’s no need to remove them from the invitation.
@ae “Jesus Christ” is a lot of attitude for someone repeating my point. I said he’s stepping out of the CEO role while retaining his voting power. You said he remains in control. Exactly. What are you correcting?
If “stepping down from his controlling vote” means something else, explain it. His voting power comes from his Class B shares, not his title. In his February 2025 written statement, he opposed relinquishing those rights and agreed to notify the board if his position changed. Could the board know something before the public? Sure. But unless you have evidence of that change, you’re confusing leaving an executive role with surrendering shareholder power.
Before telling me I’m miles behind, read what I actually wrote.
@ad a million ways to work it. Trust me. Severance. Location. The actual day employment ends. They have a floor full of people who specialize in this sh-t.
@a9 Jesus Christ. Stepping down from his controlling vote. Roberts remains in absolute control of all Comcast companies. Still Chairman. You are miles behind.
The WARN Act does apply to Comcast as it easily surpasses the required employee threshold, but an employee has to be tethered to a Comcast site, either by reporting there in person or, if remote, being assigned to a site in your employment contract, receiving direction from a site, etc. The applicability of the WARN Act to truly untethered remote workers is a legal gray area that is being actively litigated. Comcast, for all of its financial difficulties, still presents itself as a juicy target for a high-powered legal firm to bring a class action lawsuit to try to clear up this gray area. Risky move if you proceed without complying with the WARN Act, Comcast.
@a5 given the moniker GhostofTomK I'd assume you're either CX or close to CX. Does the Town Hall on the 4th mean anything? I'd assume they invited everyone in CX and then those impacted would be removed from the invite prior?
@a4 It’s already been announced, Michael Angelakis will lead core Comcast, and Michael Cavanagh will lead NBCUniversal. Roberts will likely remain involved at the board level, possibly with both companies. With his voting power, stepping back from the top CEO role isn’t the same as giving up control. He’s handing over the title, not necessarily the reins.
What does "official separation" mean? Like severance starts on that day? No 1-2 month notice?
@OP started today …
@OP So they just intend on telling people on the 26th (a Monday) and then they have 3 days left (Thursday 29th) and they’re done ? Not even finishing out the week?
I can confirm there will be a company wide email shared next Monday that will outline the future of Comcast and NBCUniversal. Also impacted roles for all teammates will be communicated via email you will not even hear it from your leadership. All decisions have been made at the VP level and above, so this will come as a surprise to all leaders. I am a senior executive, but the way this will be executed is unlike anything we have done before; it will be extremely transactional with no focus on people.
@a2 That hasn’t been announced anywhere. My people tell me he is kicking and screaming. Of course it includes NBC and SKY. Everyone under same ticker still.
@a1 WARN is per site. Comcast is very good at avoiding regulations
Roberts is already stepping away after the split. Likely an M&A preview. And if 20K, would need to include NBC and Sky in that total.
@OP with official separation being 10/29 wouldn’t that be in violation of WARN given the scale of affected employees?