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DISH Network cutting 499 Denver-area jobs after disappointing earnings

Company is struggling to preserve capital as it builds out a brand new 5G wireless network

Dish founder Charlie Ergen shakes hands with employees after the company completed its most recent milestone. The company announced this week that it is letting go of 499 employees in Colorado at the start of the year. (Courtesy of Dish Network)
Dish founder Charlie Ergen shakes hands with employees after the company completed its most recent milestone. The company announced this week that it is letting go of 499 employees in Colorado at the start of the year. (Courtesy of Dish Network)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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DISH Network, the satellite TV and wireless provider, informed the state on Wednesday that it will cut 499 jobs in Englewood and Littleton in early January, a dramatic reversal after months of job gains as the company built out a national 5G cellular network from scratch.
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