Time Warner Cable to lay off 350 in Colorado
January 28, 2010
ENGLEWOOD, Colo. (AP) – Time Warner Cable is laying off 350 workers in Colorado and closing two of seven offices in the state.
The nation’s second-largest cable TV provider announced Wednesday that it will close a call center and its Englewood-based National Division headquarters. Both offices are in suburban Denver.
Time Warner Cable spokesman Jim Gordon says the company will have 800 Colorado employees after the layoffs.
The company reported a profit Thursday for the last quarter, but company executives say the poor economy has led customers to cut back on premium cable and videos on demand.
Time Warner Cable plans to hold job fairs for laid-off employees in the coming months.