Comcast's NBCUniversal cuts streaming technology jobs

Oct 1 (Reuters) - ‌Comcast's NBCUniversal ​is ​cutting jobs in its global streaming technology ‌organization, the owner of the ⁠Fast & Furious and Jurassic Park franchises ‌said on Thursday.

• ‌The number of employees affected would depend on the outcome ​of consultations with employees, a source familiar with ⁠the matter said.

• Most of the cuts ​are at Sky, Comcast's European media arm, although some US-based ​NBCUniversal employees will ‌also be impacted, the source added.

• NBCUniversal said ⁠it is proposing changes to its Global Streaming Technology organization ⁠to ensure it has the right ​structure and resources in place for future growth.

• The layoffs come as ‌media companies seek to improve margins in their ‌streaming operations after years ⁠of heavy investment ‌in technology ​and content.

(Reporting by Apratim Sarkar; Editing by Vijay ‌Kishore)

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