Charter Communications Cuts 1,200 Jobs Amid Industry Slowdown

Charter Communications, a major U.S. cable and broadband provider, is eliminating approximately 1,200 positions, representing just over 1% of its workforce. The layoffs primarily target corporate and back-office roles, sparing customer-facing staff. This MOVE reflects broader cost-cutting efforts as the cable industry grapples with slowing growth.

Traditional cable providers face mounting challenges as consumers increasingly abandon legacy TV services for streaming alternatives. Charter's second-quarter results underscore this trend, with broadband subscribers declining by 117,000 and video customers dropping 5% year-over-year. The company joins peers like Comcast and Paramount in restructuring operations amid shifting consumer preferences.

While subscriber losses have moderated, Charter confronts a rapidly evolving competitive landscape. New internet providers offering faster speeds at lower prices further complicate retention efforts. The job cuts signal an industry-wide reckoning as infrastructure-heavy cable operators adapt to digital disruption.