COUDERSPORT – Another large group of Adelphia employees in
Coudersport have been notified that they’ll be able to keep their
jobs once Time Warner Cable takes over the local facilities this
summer.
About 200 employees in a set of modular offices along Vine
Street, known as the Sales & Marketing Advanced Retention Team
– or SMART – received the good news last week.
Time Warner previously agreed to hire another large Adelphia
employee group, the Advanced Products Customer Center – formerly
the Tennis Center – and is making job offers to other Adelphia
employees scattered across the company’s Coudersport worksites.
It now appears likely that fewer than 300 of Adelphia’s 1,100
Coudersport employees will lose their jobs once the company’s sale
to Time Warner and Comcast closes, probably no later than the end
of July. Earlier forecasts carried job losses of 600 or more.
Adelphia officials did acknowledge that a small percentage of
the approximately 800 Coudersport workers expected to be employed
by Time Warner after the sale goes through are considered
“transitional employees.” Their jobs could be terminated at the end
of a transition period.
At the same time, the buyers are continuing to make job offers
as they assess their needs and learn more about the Adelphia’s
Coudersport workforce.
Adelphia’s sale to Time Warner and Comcast for about $16.9
billion in cash and stock has been delayed while the company works
to emerge from its four-year-old Chapter 11 bankruptcy. A
multi-billion dollar creditors’ dispute has also delayed the
transaction. Adelphia’s leaders and advisors have been trying to
broker a compromise between the two groups.
Leaders of Adelphia still expect the sale to go forward by the
end of July.
Although Adelphia moved its corporate headquarters to Denver
more than two years ago, the company still operates many functions
out of Coudersport. Time Warner Cable will acquire all of the
Coudersport operations when the deal closes.
Many of the jobs that Time Warner has agreed to keep are
customer service and technical support employees who field
telephone calls and respond to electronic communications for
Adelphia’s High-Speed Internet product.