Comcast (NASDAQ:CMCSA) has planned to cut 184 employees in Chicago.

Comcast Cutting Chicago Jobs

Comcast (NASDAQ:CMCSA) announced that it is planning to cut 184 employees from customer care and sales facilities located in the Chicago suburbs.

This move is being taken as Comcast (NASDAQ:CMCSA) shifts jobs to other facilities and increases its focus on using computerized interactive voice response (IVR) systems to handle customer service calls and dispatch field technicians.

Comcast (NASDAQ:CMCSA) stated that, “The layoffs will be offset by the hiring of 250 employees in the Chicago area, including the addition of 100 jobs at a facility in Naperville, Ill., which supports business customers. Moving jobs to its commercial arm could help Comcast (NASDAQ:CMCSA) grow its business services revenue, which jumped 34.2 percent to $435 million during the second quarter”.

Comcast (NASDAQ:CMCSA) stocks were at 34.51 at the end of the last day’s trading. There’s been a 17.5% movement in the stock price over the past 3 months.

Comcast (NASDAQ:CMCSA) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 12 in the industry