How many employees may be fired by Time Warner Cable layoffs?
The news is that around 1250 employees will be asked to leave their jobs at Time Warner Cable.
How many employees does Time Warner Cable have?
The total no. of employees at Time Warner Cable is not known as of now.
Any news of previous layoffs by the company
Yes. There were some news of layoffs by Time Warner recently when it fired some 500 workers last year.
Any plants or locations being closed by Time Warner Cable?
Time Warner Cable has some news about restructuring its 24 regions to 6, but there is no detail available for the layoffs regionwise.
Which locations will be affected by the Time Warner Cable Layoffs?
No detailed information is available about that.
Which segment of employees will be affected by the Time Warner Cable layoffs
No detailed information is available about that.
How much savings can be made by Time Warner Cable Layoffs?
Around 90 million USD is expected to be saved per year by the layoffs.
When will the Time Warner Cable layoffs happen
The layoffs will be done in the next few weeks.
Any severance package for the affected employees?
No info available.
What are the primary reasons of Time Warner Cable Layoffs
Declining sales and bad conditions of the economy are said to be the major reasons for the layoffs.
Any other news about Time Warner Cable?
As per Bismarck Tribue, Time Warner Cable reported a net loss of $8.16 billion, or $8.36 cents per share, in the fourth quarter including a $14.82 billion charge to write-down the value of cable franchise rights and a loss of $13 million on the sale of cable systems.
Let's hope that alternative jobs are available to the affected employees of Time Warner Cable Layoffs Job Cut
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