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DirecTV lays off hundreds of managers as cord cutting accelerates

Por: CNBC Business January 11, 2023

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A DirecTV technician at an apartment building in Lynwood, Calif.Patrick T. Fallon Bloomberg Getty ImagesDirecTV is laying off hundreds of employees — roughly 10% of its upper ranks — as the company looks to reduce costs amid the heightened pain of cord cutting for pay-TV providers, according to people familiar with the matter.Most of the job cuts will be at the manager level, the people said, citing an email to employees sent on Friday.... + full article



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