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Altice to lay off Cablevision's top ten executives - report

Thursday 12 May 2016 | 10:28 CET | News
US operator Cablevision's top ten executives are expected to be laid off in a cost-cutting move by its new parent company Altice, reports the New York Post, citing unnamed sources. According to the report, Altice founder Patrick Drahi told Cablevision employees that he would fire executives earning over USD 300,000 when the deal was announced last year. CEO James Dolan, general counsel David Ellen, and vice chairmen Gregg Seibert and Hank Ratner are among those expected to leave.

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Categories: Broadcast & Satellite / Fixed
Companies: Altice Europe / AMC Networks / Cablevision
Countries: United States
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