Charter confirms around 1,000 job cuts amid price increases

Cable company Charter Communications is cutting around 1,000 jobs as part of its efforts to consolidate its call center operations. Charter said it would work to transfer some affected employees to open jobs in other locations. In its latest financial filing, Charter reported around 101,000 full-time employees. News of Charter's cuts trickled out across a number of local reports. In a sign of Charter's difficult financials, the company also confirmed that it would raise rates on some of its services for the second time in less than six months. Charter isn't the only US cable company to cut jobs in recent weeks. Cable operator Cable One said it will shave 4% of its employees – around 120 positions – in an effort to "enhance the company's ability to grow."