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Comcast is gearing up for significant job cuts in its cable and telecom business in the coming weeks, as the media conglomerate restructures ahead the expected spin-off of NBCUniversal in 2027. On the company’s third-quarter 2026 earning call, CFO Jason Armstrong said Comcast expects to take a restructuring charge of more than $1 billion in […]
Videogame giant Electronic Arts, in its first major move since going private this summer, is restructuring its studios business — which will result in layoffs of about 3% of global workforce. The updates to EA’s studios operations were outlined in a memo to EA employees Wednesday from Cam Weber, president and chief studios officer, and […]
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