Cox Communications to Cut 5% of Staff as Sales Decline (1)

Sept. 13, 2024, 12:00 AM UTC

Cox Communications Inc.will cut hundreds of workers as revenue in cable-TV and phone service declines.

The company will reduce its workforce by about 5%, primarily among corporate staffers who don’t interact with customers, President Mark Greatrex said in a message to employees Thursday.

“Competition is fierce in every corner of our footprint,” Greatrex said. “The continued decline in our video and home-phone services has reduced revenues this year while our costs have risen. And when we compare ourselves to others in the industry, our operating costs are higher.”

A spokesperson for Cox confirmed the cuts, saying, “We’re making the ...

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