..or relocate to Chennai if they're going to lay off everyone
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@ae CIEC?
How can a company that brings in 10s of billions in revenues and clears billions in profits declare bankruptcy?
@ad I think they learned everything they know about bankruptcy from that one episode of “The Office”. ::insert Michael Scott meme::
@ad You can say EPS all you want. It doesn’t matter. What matters is the company has lost half its value in less than 3 years. Comcast has less than half the market capitalization of Verizon or T-Mobile now. If you bought employee stock at $35 or higher, you’re majorly in the hole now. (I didn’t because I saw the trend, but feel for those that did).
@a9 On the ground I can tell you when we've lost people they do not backfill. and then you get a new team member from the CIEC joining your project or call that you cant really understand. Just telling you how it really is.
EPS at $1.07/share this quarter says we’re pretty far from bankruptcy
@a7 bad take. C&P drives double the revenue but more than 4x EBITDA relative to the media side of the house. Theme parks and film slate has been su-king money out of the internet side of the business for a decade. Go read the 10-K.
@a9 Go ahead and post the engineering roles available in the US.
I’ve had notifications on for 2 years. For every ten positions, 9 are India based, one is US based. Gtfoh.
@a7 dying no. Not in great shape from decades of hating their customers combined with a bunch of very stupid acquisitions? Yes. I agree , a merger or major acquisition is coming.
the majority of the company is still US based. Yes roles are being offshored but let’s stop with this whole narrative that Comcast is sending all roles from the people they layoff to India. Most are just reposted for the same areas. This is unbecoming and quite pathetic from most of you.
Comcast is printing money, the investors just want more! And the easiest way to get it back is in blood from the employees
Um, separating NBC / Universal to free it from the anchor that is Comcast main is not an indicator of healthy company. The stock has lost a lot of its value in 3 years. I feel bad for anyone who employee purchased stock at $40.
This company is dying. Expect a merger with Charter in less than 3 years just to stay alive.
Don't be stupid Comcast still makes a ton of $
@OP LOL I think thats what their doing.
we aren't close to bankruptcy. the company has pretty stellar financials