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Comcast's NBCUniversal cuts streaming technology jobs

Original: Comcast’s NBCUniversal cuts streaming technology jobs

Comcast's NBCUniversal is laying off employees in its streaming technology division, according to a news report. The cuts affect staff working on the technology behind the company's streaming operations, though the number of jobs lost and the reasons behind the move were not detailed. The layoffs add to a broader wave of job reductions across media and technology companies as firms trim costs and restructure their streaming businesses.

Why now: Ongoing layoffs across media and streaming companies are drawing attention to cost-cutting at major entertainment groups.

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