Dish cuts jobs, re-evaluates business in coronavirus fallout

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Dish Network Corp has cut staff and is re-evaluating its business to cope better with the fallout from the coronavirus pandemic, the U.S.

"The pandemic has forced us to take a closer look at every aspect of our business, at our work volumes, our areas of focus and investments, and the performance of our team members," Chief Executive Office Erik Carlson told employees in an internal memo, which was seen by Reuters late Sunday."I want you to hear directly from me that we've made a series of difficult decisions to reevaluate parts of our business, particularly within In Home Services," he added.

The latest move from Dish, which had not disclosed any coronavirus impact till date, indicates the challenges ahead for the company as it vies for a share in the 5G race.

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