Altice USA Reduces Workforce by Less Than 1%
Altice USA confirmed that it recently eiminated about 1% of its employee base as the company moves ahead on an integration plan following its recent acquisitions of Suddenlink Communications and Cablevision Systems.
Newsday reported that the cuts affected about 100 employees at the MSO’s Bethpage, N.Y. headquarters, focused on areas such as IT, accounting and human resources.
An Altice USA spokesperson confirmed that “less than 1%” of employees were impacted as those corporate, non-customer facing roles were eliminated earlier this month. Those people will receive severance and help with outplacement services. Altice USA also has about 100 jobs currently posted across various functions, including service and sales.
"As we look to strengthen our operations in the nation’s most competitive market, Altice USA is committed to building a customer-centric organization focused on the evolving needs and demands of our Optimum and Suddenlink customers,” Altice USA said in a statement. “In the coming months, our customers will begin to see some exiting changes in our service offerings, including speed increases, new products and a superior service experience.”
Among those initiatives, Altice USA plans to increase broadband speeds via investments in network upgrades, including its WiFi network, and to launch a low-income broadband offering. It’s also working on a “home center” that integrates the functions of the set-top box, the router and modem, as well as a next-gen customer interface that will tie in VOD, online content and recommendation tools.
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