Broadcaster Sky reportedly lining up a whole lot of job cuts because it grapples with shift to streaming
Broadcaster Sky is reportedly lining up a whole lot of job cuts because it grapples with a shift to streaming.
The cuts are anticipated to hit customer support workers and the engineers who match satellite tv for pc dishes, the Sunday Times reported.
Sky suffered an 11.5 per cent fall in revenues to £14.3billion final yr although income and buyer numbers rose.
US media large Comcast purchased Sky for £30billion in 2018. But final October it took a £6.8billion write down on the worth of the enterprise, blaming ‘difficult financial circumstances’.
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Sales of the corporate’s a lot trumpeted Sky Glass product – a TV with streaming apps and Sky in-built that avoids the necessity for a satellite tv for pc dish – have reportedly been underwhelming.
‘It’s in a extremely robust place,’ a supply was quoted as saying.
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