Comcast's NBCUniversal cuts streaming technology jobs
NBCUniversal is cutting jobs in its global streaming technology organization, with most cuts at Sky and some U.S.-based employees also affected. The number of employees affected will depend on consultations.
1. Proposed job cuts
NBCUniversal said it is proposing changes to its Global Streaming Technology organization to ensure it has the right structure and resources for future growth. Most of the cuts are at Sky, Comcast's European media arm, while some U.S.-based NBCUniversal employees will also be impacted, a source familiar with the matter said. The number of employees affected will depend on the outcome of consultations with employees.
2. Streaming margins
The layoffs come as media companies seek to improve margins in their streaming operations after years of heavy investment in technology and content.
