Comcast's NBCUniversal to Cut Jobs in Global Streaming Tech Unit

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Summary · why it matters

Comcast's NBCUniversal is cutting jobs in its global streaming technology organization, with most of the reductions falling at Sky, Comcast's European media arm, though some US-based NBCUniversal employees will also be affected. The number of employees affected would depend on the outcome of consultations with employees, according to Reuters. NBCUniversal said it is proposing changes to its Global Streaming Technology organization to ensure it has the right structure and resources in place for future growth.

Impact on assets 1

Cloud & Digital Infrastructure▼ · 1 stocks
Comcast Corp
CMCSA
▼ NegativeCapitalrelevance

Comcast's NBCUniversal is cutting jobs in its global streaming technology organization, including US-based employees.

Off-coverage companies 1

Sky Group LimitedPrivate▼ Negative
Capitalrelevance

Most of the job reductions in NBCUniversal's global streaming tech unit fall at Sky, Comcast's European media arm.