Sky to cut 1,000 jobs as customers move from pay-TV to internet

[Java Jive]

Sky to cut 1,000 jobs as customers move from pay-TV to internet
https://www.theguardian.com/business/2024/jan/30/sky-cut-1000-jobs-customers-move-pay-tv-internet

"Redundancies will come mainly from workers who install equipment in homes

Sky is to cut about 1,000 jobs as customers move away from traditional
satellite pay-TV to streaming-based services, in the latest round of
redundancies to hit the UK media industry.

The company, which employs about 26,000 staff in the UK, is seeking to
reduce its workforce by about 4% this year.

The cuts will come mainly from its army of workers that install
equipment in households, with the number employed expected to be reduced
by about a quarter, as more consumers make the shift to plug-and-go
internet-based products such as Sky Stream and the Sky Glass smart TV.

Sky estimates that about three-quarters of new products being taken are
internet-based, reducing the need for installers."

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