By Harshita Mary Varghese
(Reuters) -Cable giant Charter Communications is laying off close to 1,200 employees, or just over 1% of its 95,000-person workforce, a source familiar with the matter told Reuters on Tuesday.
The job cuts will be related to corporate management positions within the company and will not impact sales or service roles, the source said, adding that the layoffs are intended to streamline operations.
Charter follows other media and cable peers that are trimming their workforce. Last month, Reuters reported exclusively that Comcast was planning to cut jobs at its biggest unit, housing broadband and pay TV, to centralize operations.
Newly merged Paramount Skydance will begin mass layoffs next week, eliminating around 2,000 U.S. jobs, according to media reports.
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