ENGLEWOOD, Colo. — About 500 Dish Network employees are being laid off in the coming months, the satellite TV provider said.
According to a statement from a Dish Network spokesperson, the company is making the move due to changing business demands.
"Like most businesses, we continually evaluate and make adjustments to ensure we're set up for long-term success," the statement said in part.
The notice filed with the Colorado Department of Labor and Employment says 499 employees are affected. The layoffs are set to take place in January, according to the notice.
Dish Network reported $3.70 billion in revenue for the third quarter of 2023, compared to $4.10 billion for the same quarter last year. The company lost $139 million in the third quarter of 2023, compared to $412 million in net income in Q3 2022.
Headquartered in Englewood, Dish Network employs more than 14,000 people in the U.S. according to the company's website. It's not clear how many of them work in Colorado.
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