Cable One to cut 4% of workforce; expects $14M annual cost savings

Cable One, Inc.

Approximately 4% headcount reduction as part of organizational restructuring.
Expects ~$7M pre-tax charges in Q2 2024 for severance and termination benefits.
Anticipates $14M annual run-rate cost savings once fully implemented.
Restructuring includes geographic realignment and streamlining customer service organization.

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