On the earnings call, Comcast confirmed it is undertaking a massive organizational restructuring ahead of its mid-2027 NBCUniversal spin-off, which includes major job cuts on the cable and telecom side and will trigger a restructuring charge of over $1 billion in Q4.
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@a5 $1bln, Q4. Will there be more in various quarters of 2027?
The $1 billion charge in Q4 is the news. That number hasn’t been out there before. Indicative of scale.
That's already been posted many times on this board..