Overview

• Sky plans to cut 1,000 jobs, primarily from its engineering teams, as it shifts from satellite TV to internet-based services.
• The job cuts represent about 4% of Sky's UK workforce of 27,000.
• The move comes as more customers opt for Sky's internet-based products, Sky Glass and Sky Stream, which do not require specialist installation.
• The job cuts are part of a larger trend in the media sector, with Channel 4 and Vodafone also announcing significant job cuts.
• Despite the job cuts, Sky is still recruiting for its new film and TV studio complex at Elstree, aiming to create 2,000 new jobs in its first three years.