Thread regarding Comcast layoffs

The effect of job insecurity

Prime Day starts today and normally I’d probably stock up on some work clothes, grab a few Christmas presents, etc. This year? Not happening.

With all the rumors flying around Comcast and just enough information leaking out to make everyone nervous, I’m basically avoiding any unnecessary spending until I know if I still have a job in a few weeks.

And I know Comcast is far from the only company where people are feeling this way.

It does make you wonder about the ripple effect. Layoffs or fear of layoffs → people stop spending → companies make less money → more cuts.

What a great economy.


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| 53 views | | 7 replies (last October 7) | Reply
Post ID: @OP+1m48chdg8

7 replies (most recent on top)

@am apparently some folks just don’t appreciate sarcasm and get triggered instead. Your comment says nothing about the man causing Comcast’s problems, which are long running and have deteriorated over multiple administrations; you simply stated the fact that the man thinks everything is going just great and anything contradicting that narrative is a hoax.

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Post ID: @d4+1m48chdg8

@at to some degree I agree with you but when wallets get tighter due to decisions made by the White House, it doesn’t do Comcast any good to continue to raise prices on loyal customers or continue to be more expensive that competitors. Makes it much easier for consumers who are feeling the squeeze to jump to a good enough product that is $5-25 less a month

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Post ID: @c5+1m48chdg8

@at Oh yeah, because blowing up the deficit with the Big Beautiful Bill and consequently causing interest rates to spike, fighting a war with Iran for Bibi, tariffing the entire planet and starting an unjustifiable trade war with Canada of all places, these totally don’t impact Comcast, a company that totally doesn’t use any oil, gas or diesel and definitely doesn’t have a ton of debt that needs to be refinanced in a much higher rate environment. You’re as much of a stable genius as our dear leader in the white house

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Post ID: @bw+1m48chdg8

@am buddy, hate to tell you but comcast's problems have nothing to do with the guy that lives in your head 24/7 . losing customers to fixed wireless and streaming is not a presidential problem.

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Post ID: @at+1m48chdg8

Aside from financial implications you mention, this is one of the worst work environments I’ve ever been in. The uncertainty and the nonexistent communication at HQ is simply amazing. Motivation and morale near zero. Everyone’s being asked to show up to work and just ignore the huge organizational change and layoffs hurtling towards us all. What’s the incentive to put any effort into the job right now? I walk around Ralph’s and see people scrolling job boards, and hear open conversation about layoff rumors and org changes in every hallway. Incredible stuff. Think of all the wasted money and lost productivity resulting from this approach.

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Post ID: @as+1m48chdg8

It’s the best economy in the history of the world, according to Donald Trump!

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Post ID: @am+1m48chdg8

To be honest I am surprised that consumer spending has held up well so far, given a stagnant job market - yes the unemployment rate remains very low, but those with jobs are just hanging in there.

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Post ID: @ae+1m48chdg8

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