Comcast, which owns Sky, has announced plans to cut jobs from its global streaming organisation.
According to Reuters, most of the cuts are at Sky, although some US-based NBCUniversal employees will also be impacted.
The report added that the company wants to make changes to its Global Streaming Technology organisation to “ensure it has the right structure and resources in place for future growth”.
The move comes ahead of Comcast’s expected acquisition of the UK’s main commercial broadcaster, ITV.
Comcast agreed to a £1.6 billion deal to acquire ITV’s linear and streaming channels earlier this summer, with the deal expected to close by the end of 2026.
Announcing the deal, Sky said the combined business will have the resources and technology capabilities to compete more effectively with global media and technology companies in the UK, creating “a scaled alternative UK-based platform for advertisers”.
How this week’s layoffs will impact those plans remains to be seen.
