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    Home Archives Time Warner offers jobs to hundreds at Adelphia
    Time Warner offers jobs to hundreds at Adelphia
    Archives
    May 24, 2006

    Time Warner offers jobs to hundreds at Adelphia

    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.

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