Comcast to Lay Off 634 Philadelphia Workers, Add About 500 Jobs at Same Campus
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Comcast plans to lay off 634 employees at its Philadelphia corporate campus, with the first cuts taking effect Dec. 31, PhillyVoice reported. The company also intends to add roughly 500 new positions at the same site. Affected workers are getting two months' notice. In select cases, employees in eliminated roles will stay on until Dec. 31, 2027. Comcast said it will try to place them in open jobs or in the new positions at its towers at 1701 JFK Blvd. and 1800 Arch St. The Philadelphia layoffs were part of notices Comcast filed with regulators. The Inquirer reported that the company listed 119 positions in New Jersey, 159 in Washington state and 82 in California. Together with Philadelphia, the four notices cover 994 positions. Federal law requires large employers to notify regulators of layoffs affecting more than 50 people at one site. Comcast has not publicly announced the size of its total job cuts across the business, the Inquirer reported. Several Comcast employees spoke to the Inquirer on condition of anonymity, saying they feared losing severance or future job prospects. They described a tense atmosphere at the two-building Center City headquarters. Employees told the Inquirer their anxiety spiked after chief financial officer Jason Armstrong said during an early September Goldman Sachs conference that Comcast had embarked on the biggest cost transformation in its...
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