How many others received this absolutely non-reassuring reassurance? Considering there are only two months left in the year, does that mean it's open season again starting in January?
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@ay They did payout the YE bonus along with Q1 bonus and anyone that had grants vesting.
@ag CB had a ton of layoffs yesterday - not certain that they're done unfortunately, and even if this round is done, there will be more in Q1.
Anyone who thinks they have any sort of job security with Comcast after this round, particularly the way it was handled, is delusional. The Company has proven that nothing matters except the numbers they have to hit on the financial spreadsheets, and they will indiscriminately slash any department or positions they need to in order to get the numbers to line up. It doesn't matter the talent level of the people impacted, or whether or not the changes make it easier or harder to do business.
The technicians with boots on the ground are the safest; after all, AI can't climb the poles and someone in the tower in Philly can't install a fiber switch in a customer's data closet in Minneapolis. But even they aren't safe. More can be contracted out, and in-house positions eliminated. Heck, I wouldn't it past the financial gurus in charge of this company now to decide they need to reduce tech count, so just lay them all off and hire back fewer.
No one is safe. The words job, security and Comcast don't belong in the same sentence anymore. At least, not without the word "no."
I know someone who was essentially told “you are safe through the holidays, but this is happening again next year and when it does, don’t expect to survive that one.” This has nothing to do with them personally, just where the business is going.
+1
@ah sorry, that sounds awful. Did they let you collect the bonus and such or did they cut at the beginning of March?
I think we're all very suspicious about "safe" right now with the state of our stock value.
I got laid off in the division cuts last year. Still in the job market. This is the first I heard of layoffs this year, but is is October and that's when all the layoffs are announced. I have an interview with Comcast for their AI agent assistant program. It is what it is.
@ag that’s because CB senior leadership is worst in class!
They did that last year when they shut the division offices. our team was told safe but then laid us off in march.
The CB department I am in has not heard that we are safe or if layoffs are coming. All has been very quiet.
From a financial perspective these happen around this time because it allows the impact to the dumped into a year that is pretty much over with; companies are focusing on 2027 now. That said, you never know, but I would be more looking at about around this time next year as it will be after the likely split of the company.
Yes, I heard the same. More to come March.
@a1 that is true, there will be another round.
No I think they will be focused on making the new structure viable it buys them time with the shareholders
My understanding is more to come in 1Q27.