Comcast Plans Large-Scale Layoffs to Pave the Way for Independent Operations After NBC Spinoff

Zhito Finance APP has learned that people familiar with the matter said Comcast plans to carry out large-scale layoffs as part of a comprehensive restructuring of its cable television, broadband and wireless businesses. The people, who requested anonymity because the plans have not yet been made public, said the restructuring aims to position Comcast to operate as a standalone company from a stronger position after it spins off the NBCUniversal business next year. The layoffs may begin to be announced in the coming weeks, with the goal of building a leaner workforce, freeing up cash to invest in more growth opportunities, and achieving other long-term objectives.