CableLabs Cuts 27 Jobs as Part of Focus on Longer-Term Research Work

CableLabs cut 27 jobs as part of its restructuring to focus more on long-term innovation work, CEO Phil McKinney said in a blog post Friday. CableLabs earlier this month announced it was putting less emphasis on its traditional bailiwick of shorter-term R&D work (see 1601150077). The job cuts have "allowed us to free up budget for investment in innovative pursuits, including opening new positions requiring the range of skills needed to build out and sustain our innovation pipeline," McKinney said. While not giving specific details on projects in its long-term pipeline, McKinney said the innovation work will involve "all of the areas that CableLabs has historically been responsible for such as high speed data, wireless, [Network Functions Virtualization/Software Defined Networking], next generation video, IoT, business services, security and many others." Meanwhile, he said, the discontinued R&D projects "were focused on near term activities already supported by our membership, or by the vendor community," saying CableLabs "will cover those same technical areas but look at them through an innovation lens that targets an impact three to eight years out."