Comcast cuts 634 jobs in Philadelphia to fund corporate split
The media giant is eliminating 634 roles at its headquarters while planning to add 1,100 new positions as it prepares to separate its entertainment and broadband divisions.
By Tessa Cooper ·
Comcast notified 634 employees of their termination on October 30, 2026, as part of a company-wide restructuring. The cuts take effect on December 31, 2026, with some roles extending until December 31, 2027. The company filed a WARN notice with the Pennsylvania labor department to formalize the mass layoff at its Philadelphia headquarters.
Comcast stated it is redesigning its organization to become more agile. The company plans to fill approximately 500 of these open positions with current staff who are affected by the cuts. The remaining workforce reductions are part of a larger effort to streamline operations before the corporate split.
Employees who cannot transfer to a new role within the company will receive severance benefits. Comcast indicated that none of the affected workers are union members. The company is also cutting 119 positions in New Jersey and 159 in Washington as part of the same reorganization.
Comcast intends to create more than 1,100 new jobs across its U.S. campuses. The company will focus these new hires at its corporate towers located at 1701 JFK Blvd. and 1800 Arch St. in Philadelphia. This expansion is designed to support the new organizational structure.
The restructuring coincides with Comcast's plan to divide into two separate entities. The split will create one company focused on broadband and wireless services and another focused on entertainment properties. The entertainment division will include NBC, Telemundo, Bravo, Peacock, Universal Pictures, and Universal theme parks.
Regulatory approval is required for the separation to proceed. The process is expected to continue into 2027. Comcast described Philadelphia as the city where the company was founded and built, noting its continued centrality to the business future.
The company said the changes will help accelerate innovation in a rapidly changing industry. It expressed gratitude to the colleagues whose roles are being eliminated for their contributions to the firm.
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