Can someone with tech skills figure out how many people we have in the directory right now - It'd be interesting to compare that number with the number we'll have a month or two from now once the dust settles. I'd do it but dont have skills.
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@c2 just so I'm straight, we're paying 250M to have a consulting firm tell us we're failing and who needs to go? Wild.
@a1 that’s including NBC, Sky and Cable..
@en that’s literally 25% of Comcast. Ain’t no way
Rumor is it is over 25k employees
So… Americans are good enough to be paying customers but not to employ?
@c2 dear lord! Say more...
@a5 I work on the McKinsey and other consulting SOWs for the restructuring. That alone is roughly $250M. Many of our milestone payments are due in Q4 2026. That’s considered a restructuring charge.
We have a huge headquarters building in India now. Curious for how many people we laid off in America how many we hired in India.
@a5 for reference we employ about 16,000 people at HQ.
I know nothing - just copy/pasting what I asked Claude to assess based on McKinsey delayering methodology, case studies form other Telcos and public information.
What Comcast said on the Q3 call
• Q4 charge of "over $1B," mostly for the cost transformation
• They're "eliminating layers" and "fundamentally redesigning" the org
• Cuts expected to land mostly in Connectivity & Platforms (cable); NBCU reportedly not targeted this round
• No headcount, severance split, or savings target yet; more detail promised early 2027
The headcount math
• Not all of a charge is severance. Some goes to leases, contract exits and write-downs, so assume 60–90% is severance.
• That's roughly $0.6B to $1.2B in severance.
• At $90K–$130K per person, that's roughly 5,000–15,000 roles, with a middle case of about 8,000–11,000.
• Cross-check: Verizon's 2025 layoffs cost about $130K per role. At that rate, $1B covers about 7,500 roles.
Why 179K is the wrong framing
• 179K is all of Comcast globally (NBCU, theme parks, Sky, etc.).
• US cable is more like 70K–85K people (my estimate from the 10-K).
Why it's probably more than just management cuts
• Even an aggressive delayering of corporate and regional roles (~5,000 roles) only explains ~$0.5B of severance.
• A plausible mix to reach ~$1B:
• ~5,000 corporate/regional roles (~$0.5B)
• plus several thousand frontline roles, most likely customer care given the AI results they cited (care contacts down ~20%), which are much cheaper per person
• plus ~$0.3B of non-severance costs
• That points to roughly 9,000–13,000 total roles.
Timing and what to watch
• Booking the charge in Q4 suggests notifications in Q4 or early Q1, with most savings showing up in 2027.
• A charge this size typically buys ~$1.5–2.5B in annual savings, some of which they say will be reinvested in wireless, business services and edge compute.
• State WARN notices will give the first hard numbers.
• The Q4 earnings release or 10-K should show how much of the charge is actually severance.
Caveat: these are estimates built from public filings and news coverage, not internal data. Headcount bases and per-person severance are assumptions.
the annual report will lag, we also do not know how many people we lost since decenber 2025.
No need to be fancy. Just look at public numbers. 179,000 employees as of 12/2025.
TBD 12/2026