Pending union decertification in New York City, corporate plans on contracting more work out in the first quarter of 2019. Company will cut workforce by laying off between 600 and 800 field techs and have the remainder reapply for their positions at salaries between $15 to $33, most to be hired at the lower end. Altice created ATS which is an all contractor workforce. Spectrum is exploring this work model which would decrease operating expenses and show increase to profits. Techs will be transitioned to this new entity and will be notified in advance of the changes to their benefits plans as they benefit package will change. There will be a decrease in company contribution to 401k while the new entity starts up. Employees may see increases in their health care contributions which the company launches it's new entity.
This is too important not to have its own thread. Originally posted by @VTqx1Dk-1klui.