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Entertainment

Comcast Plans Major Layoffs as It Preps for NBCU Spin-Off, Sees $1 Billion-Plus Restructuring Charge in Q4

Variety ·
Comcast Plans Major Layoffs as It Preps for NBCU Spin-Off, Sees $1 Billion-Plus Restructuring Charge in Q4

Comcast is gearing up for significant job cuts in its cable and telecom business in the coming weeks, as the media conglomerate restructures ahead the expected spin-off of NBCUniversal in 2027.

On the company’s third-quarter 2026 earning call, CFO Jason Armstrong said Comcast expects to take a restructuring charge of more than $1 billion in […]

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