Comcast Plans Job Cuts Ahead of NBCUniversal Spin-off

Comcast Corp. is planning significant job cuts as part of a restructuring of its broadband, wireless, and cable-TV businesses. The reorganization aims to create a more nimble workforce and free up cash for growth investments.

This strategic shift is intended to position the company to operate as an independent entity following the planned spin-off of its NBCUniversal businesses next year. The company may begin announcing the layoffs within a few weeks.