Cable giant Charter cuts 1,200 managers from its workforce
NegativeEntertainment
Charter, a major player in the internet and cable television market, has announced the layoff of 1,200 managers as it struggles with a significant loss of customers due to fierce competition in broadband services. This move highlights the challenges traditional cable providers face in adapting to changing consumer preferences and the growing demand for high-speed internet, making it a crucial moment for the industry.
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