Free Newsletter Subscription
        MCN All Access

Comcast Spotlight to Shed Workers

Follows Reductions in Eastern Region

By Mike Farrell -- Multichannel News, 10/24/2008 11:46:00 AM

Just days after announcing that it would shed as many as 300 employees in its Eastern Division, Comcast said that it will undergo layoffs at its Comcast Spotlight unit.

Comcast Spotlight spokesman Chris Ellis said that the company has spoken to some employees regarding a restructuring. But he declined to reveal how many people will lose their jobs, adding that some of the positions will remain vacant and that the company is helping others find new positions within the Comcast fold.

Comcast Spotlight is the advertising sales arm of the cable giant. It has about 3,500 employees across the country.

Earlier this week, Comcast’s Eastern Division said it would layoff about 1.5% of its 20,000-person workforce, as part of an overall restructuring.

“It was a difficult decision to make, but the current economic downturn and its residual impact on advertising revenue requires that we re-evaluate operations and adjust resources,” Ellis said. “It’s our belief that the changes will enable us to be positioned correctly in what is a challenging economic environment,” He said that the company met with affected employees this week.

Talkback
Related Content

No related content found.

More >>>

Newbay Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement
More Content
  • Voices
  • Photos
  • Podcasts

Sorry, no blogs are active for this topic.

Satellite Entourage

FREEZE FRAME

Parties, conferences and events for the week of Feb. 8.
DESIGN BY NIGHT

FREEZE FRAME

Parties, conferences and events for the week of Feb. 1.
KEYSTONE HUNT

FREEZE FRAME

Parties, conferences and events for the week of Dec. 14.



Advertisement
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   Subscription   |   Affiliate Links   |   RSS
© 2011 NewBay Media, LLC. 28 East 28th Street, 12th floor, New York, NY 10016 T (212) 378-0400 F (212) 378-0470
Use of this website is subject to its Terms of Use | Privacy Policy