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Reading: Sky will lay off 1,000 employees this year as its focus shifts to satellite services.
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Baner Club > Blog > Business > Sky will lay off 1,000 employees this year as its focus shifts to satellite services.
Business

Sky will lay off 1,000 employees this year as its focus shifts to satellite services.

Sky has announced plans to cut 1,000 jobs this year, or roughly 4% of its workforce in the UK and Ireland.

Last updated: 2024/01/31 at 12:06 PM
Published January 31, 2024
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According to Sky News’s owner, the company requires fewer specialized engineers as a result of the transition from satellite to digital service delivery.

One of the top media and entertainment companies in Europe, the business that controls Sky News, stated that talks had started and that its engineering staff would be most negatively impacted.

Less demand for satellite specialists was discovered during a review of its organizational structure as more clients switched to digital-only services.

“With the launch of Sky Glass and Sky Stream, we are changing our business model to deliver TV over IP (an internet connection) instead of satellite,” a Sky representative stated.

“Increasingly, customers are choosing Sky Glass and Sky Stream which don’t require specialist installation, and that has led us to change the number of roles we need to deliver our services.”

At this point, Sky was unable to speculate as to what other roles would be impacted because the 1,000 estimate was subject to change and could be less.

While expressing its commitment to its satellite clients and services, Sky also hinted that as customer preferences changed, fewer engineers were required for specialized repair and installs.

It’s estimated that 80% of Sky Stream’s clientele are brand-new to the service.


Its integrated TV platform, Sky Glass, has grown rapidly as well; in 2023, the medium-sized screen was the best-selling model in the UK.

The US behemoth Comcast owns Sky, and has revealed the job losses at a time when rival companies are also cutting staff due to increased financial strain in the challenging economy.

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admin January 31, 2024 January 31, 2024
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