Charter Targets $2 Billion in Annualized Cost Savings
Charter Communications is starting a cost-cutting plan targeting about $2 billion in annualized run-rate operating expense savings over the next year and a half.
Charter Communications is starting a new cost-cutting plan aimed at saving about $2 billion in annualized run-rate operating expenses over the next year and a half, with a focus on eliminating what the company called nonessential activities. The program is also designed to simplify its organization…