Long time Comcast employee here. Our stock is down 46% over the last year. Does anyone know of any impending budget reduction activities in the works? I can't believe we haven't heard rumors yet.
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Polish up your resume. RIF in the NEast as someone else posted. Keep in mind it’s also approaching year end, budgeting has been ongoing for the next year, and every year there’s casualties - the term layoff is used sometimes, but many times it isn’t.
layoffs, no new hires, searching couch cushions for change to spend on content while contingency planning for the shift from linear and streaming space over to the content creator marketplace
I've heard that the divisions are going to see a technical labor shift toward corporate, but that's been on the radar for a while.
Some of the RIF is happening right now in the northeast division