DirecTV Lays Off Hundreds, Blaming Pay-TV’s “Secular Decline”
January 12, 2023 at 13:45 PM EST
DirecTV is laying off hundreds of managers as the cord-cutting trend continues hammering the firm with a rolling, mass exodus of customers. The cuts reportedly represent about 10% of management, which comprises about half of the company’s staff. Though DirecTV doesn’t publicize its subscriber numbers, analysts estimate it has some 13 million — and lost a […] Source
