Comcast Flags $1 Billion Q4 Charge for Layoffs and Restructuring
toobloid.com
Comcast will take a $1 billion fourth-quarter charge tied to layoffs and a restructuring of its broadband, pay-TV and wireless business as it prepares to spin off NBCUniversal.

Comcast will record a $1 billion charge in the fourth quarter tied to layoffs and a restructuring of its broadband, pay-TV and wireless operations, as the company confronts pressure on its core connectivity business.

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