What to Know
- Optimum's operations in New York and New Jersey do not appear to be affected by the layoffs
- Altice USA bought Cablevision and its Optimum-branded services for $17.7 billion 2 months ago
- Cablevision was previously owned for 46 years by the Dolan family
The new owners of cable TV, phone and Internet service provider Optimum announced plans to lay off more than 600 employees at two of its offices in Connecticut's Fairfield County.
Altice USA, which bought Cablevision and its Optimum-branded services in June for $17.7 billion, announced on Tuesday that it was closing its back office in Stratford, Connecticut, and a call center in nearby Shelton.
Lisa Anselmo, a spokeswoman for the company, said that employees getting pink slips will get severance packages and can apply for other jobs at the company. She added that the company will continue to employ hundreds of other people throughout the region.
Optimum's operations in New York and New Jersey do not appear to be affected by the layoffs.
Altice, a European telecom giant, finalized the purchase of Cablevision on June 21. Prior to that, Cablevision was owned for 46 years by the Dolan family, which has a controlling interest in Madison Square Garden and the Knicks, Rangers and Liberty.
