– Comcast: The number one cable operator is shedding 300 jobs, Bizjournals reports. The cuts are targeted at Comcast’s Eastern Division, which is being consolidated down from six regions into four. The company employs about 100,000 nationally.
– Ticketmaster: The ticket sales and distribution company, which was one of the five units spun off by IAC (NSDQ: IACI) in August, is reducing its global workforce by 5 percent, or roughly 300 of its 6,000 total employees, LAT reported. When it was spun off, Ticketmaster vowed to cut operating expenses by approximately $35 million as it worked to integrate recent acquisitions, tech provider Paciolan and ticket reseller TicketsNow.
– ManiaTV: The four-year-old video portal is eliminating 20 jobs reducing its headcount from 70 down to 50l, NewTeeVee reported. As a result of cutbacks, ManiaTV will reduce the amount of original content it produces and instead, rely more on its partners and third-parties.
– PermissionTV: The white label video site operator has let go of six employees, though execs tell NewTeeVee that the cuts were due to internal “performance-based” reasons, and not the economic downturn. Still, PermissionTV also hired three new sales people, for a net loss of three.
– Mahalo: The Sequoia-funded search/directory site Mahalo has laid of about 10 percent of its U.S. staff, the company CEO Jason Calacanis announced on his blog today. He said that even though the company has enough money in the bank, it has reorganized the editorial department to focus on freelance positions over in-house editors.