Comcast (NASDAQ:CMCSA) is considering staff reductions at its biggest unit, Connectivity & Platforms, which runs its Xfinity internet, mobile, and pay TV operations. Reuters reported, citing a source familiar with the matter.
The layoffs will be part of a restructuring initiative that the company expects to begin in January to eliminate a management layer between its corporate and regional offices in an attempt to streamline the unit’s management.
Comcast’s (NASDAQ:CMCSA) Connectivity & Platforms division, which also includes the company’s Sky brand, currently operates under a three-tier management structure where division heads serve as a link between the regional heads and headquarters.
As part of the revamped setup, the regional teams will report directly to a new executive overseeing nationwide operations, a memo sent to employees indicates. The source said that while there would be layoffs, Comcast (NASDAQ:CMCSA) was still finalizing which positions needed to be centralized.
In the memo, the company didn’t disclose how many roles would be eliminated but stated that customer-facing frontline teams, such as those focused on customer service and retail, would not be impacted.
“This change is not a reflection of anyone’s contributions—it is about simplifying how we work so we can compete more effectively,” the memo read.