Comcast Flags $1 Billion Q4 Charge For Layoffs, Restructuring Amid Overhaul Of Core Connectivity Business

As it continues to feel the squeeze on its broadband and pay-TV operations, Comcast executives said today the company will take a $1 billion charge for the current fourth quarter that will include layoffs as part of an ongoing revamp of its core connectivity business of broadband, pay-TV and wireless. The media giant flagged the […]

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