Tuesday, February 3, 2009

EXCLUSIVE: Time Warner Cable to Announce Massive Layoffs

Our tipsters are at it again. Time Warner Cable will announce it's fourth quarter numbers tomorrow. The cable monopoly is expected to disclose massive losses resulting from poor investment and lackluster growth.

On the heels of the announcement, Time Warner Cable will also announce major layoffs across the country. Locally, the cable giant's regional VP has sent a statement to TWC employees warning them of the pending cuts.

TWC's Kansas City division is expected to be hit especially hard.

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