Comcast to cut hundreds of jobs in restructuring push

Summarised from 2 outlets · Updated 30 Oct, 22:21 · Archive

Comcast is eliminating 634 jobs at its Philadelphia headquarters and cutting posts in New Jersey and Washington as it restructures.

Comcast is permanently eliminating 634 jobs at its Philadelphia corporate campus, with additional layoffs of 119 in New Jersey and 159 in Washington as part of a company-wide restructuring. Employees whose roles are affected will receive two months' notice, with layoffs expected to take effect from 31 December, though in some cases workers may remain until the end of 2027.

The company said in its notice to the Pennsylvania labour department that it is 'fundamentally redesigning' its organisation to become 'more agile' and 'better serve' customers, helping it 'accelerate innovation and compete more effectively in a rapidly changing industry'. Comcast said it will attempt to place impacted staff in open roles or in roughly 500 new positions it plans to add at its Philadelphia corporate towers at 1701 JFK Boulevard and 1800 Arch Street.

Displaced workers who do not transition to another role will receive severance benefits. Comcast said none of the affected workers belong to a union. As part of the broader restructuring, the company intends to create over 1,100 new positions across its U.S. campuses. The shakeup comes months after Comcast announced plans to split into two separate entities.

How it is being reported

• Comcast announces mass layoffs amid company-wide restructuringComcast said it would permanently eliminate 634 jobs at its Philadelphia corporate campus and add over 500 new positions as the company restructures. Layoffs are also coming to Washington and New Jersey.PhillyVoice · 30 Oct, 21:11
• Comcast laying off hundreds of workers in Pa., N.J.Comcast also said it is hiring more than 1,100 new employees across the company as it redesigns its organization.PennLive · 30 Oct, 18:37

In this story: Comcast · Philadelphia · New Jersey · Washington

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log