Sky to chop 1,000 jobs this 12 months amid shift from satellite tv for pc companies

Sky has revealed plans for 1,000 job losses, about 4% of its workforce within the UK and Ireland, this 12 months.

The firm, which owns Sky News and is one among Europe’s main media and leisure suppliers, mentioned that its engineer groups could be worst affected and consultations had begun.

A evaluate into its enterprise construction discovered much less want for satellite tv for pc specialists as extra prospects pivot to digital-only companies.

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A spokesperson for Sky mentioned: “The launch of Sky Glass and Sky Stream represents a shift in our enterprise to ship TV over IP (an web connection) quite than satellite tv for pc.

“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.”

Sky was unable to say, at this stage, what different roles could also be affected because the 1,000 determine was not finalised and will are available in decrease.

Sky mentioned that it remained dedicated to its satellite tv for pc prospects and companies however signalled that the numbers of engineers wanted for specialist servicing and installations had dwindled as buyer habits had modified.

It is known that round 80% of Sky Stream prospects are new to the corporate.

Sky Glass, its built-in TV platform, has additionally loved robust progress with the medium-sized display changing into the UK’s high vendor in 2023.

Sky, which is owned by US big Comcast, introduced the job losses at a time when rivals are additionally shedding jobs, amid wider stress on budgets within the more durable financial system.

Channel 4 confirmed simply this week that it was to cut back its headcount by 15% and promote its London headquarters.