Iv heard there are 2 or 3 more major waves coming in after New Year. They are cutting all depts. Another 15-20% reduction is what my sup is anticipating. Anyone else hearing this?I know after the split we will see major firings.
20 replies (most recent on top)
@wg true. Internet is a commodity.
@OP also, it was announced 1000 layoffs in the US, but that's just FTEs. Domestic. No one knows the numbers on contractors and international folks. It is safe to assume at least two more rounds in 2027. As said before, which teams will be affected is a different question.
@OP they can also hire... They can do whatever they want.
Not surprising…. Internet is a commodity and cheap No one’s using a cable box anymore. Bye bye
It is the worst kept secret that there will be another cut first half. No one has any real dates and no one is going to tell you the source, it's been lost to the rumor mill. Someone said that Entertainment has been doing this almost every 6 months since just after COVID, there are patterns, they are uniquely situated to call the play. Believe them or don't.
Some department can't cut %50 because they're already too small. Some teams are already unable to handle what was normal workload and took cuts. We're about quadruple amputate ourself. We're almost at car accident phase were we all just rubberneck and watch the disaster cause you can't continue forward anyways.
@qn Exactly. They've been laying off people for years now, round after round. If anybody thinks "they're done now, no more layoffs"... they are completely delusional. I don't doubt for a moment that many more cuts are coming.
On entertainment at least there has been layoffs every six months since 2022. So I think it is reasonable to assume there will be more layoffs in the future, specially because of the spin off and the separation between connectivity and entertainment. Which teams will be affected is a different question....
@ej hey do you have any source that there will be no more layoffs? Could you please confirm the source?
@as All "new" positions are in Philadelphia too. No longer virtual.
Correct. Three rounds. No confirmed dates.
@ej True enough but think about it . . . I've been there for nearly two decades and there was ALWAYS another round of layoffs coming. It's true . . . .
@ej it's 30% by June
March and July. 15-20%. 40-50%. 9,000+.
Upvote me. Downvote me.
Unless people are truly able to post where they are hearing this from, it's all rumors. Given what everyone just went through in October, it's just as toxic to keep spreading 'MORE LAYOFFS' all over this forum.
If folks have sources for where they are hearing this, say that.
@c2 confirmed .
March and July
I'm hearing 40-50%
@b4 there is no major restructuring, there is no ai strategy, there is no grand vision for the future, there is no innovation. The reason they laid people off (and will continue to) and then posted jobs to replace them is purely about cost structure- get someone at a third the cost to do the same job. They are just slimming things as much as possible so they can get acquired after the split. Buckle up
@as because unlike other companies, Comcast is not laying off people for the monetary benefit only. The first round of layoffs was to prepare for the major restructuring, which usually results in slimming down some areas of the business while beefing up other areas. In the end, it’s no surprise that the total employee count will be a net reduction (excluding split implications).
i guess i don't understand. They just laid off almost 1,000 employees nationwide but then turn around and say there are 1,100 new positions to be posted? Just what would these new positions be? If they are going with AI, why would you need to hire anyone?
It makes no sense.