US broadband firm Cable One has announced it will cut 120 jobs at the company.

In an SEC filing last week, first reported by Policyband, the firm said it was carrying out organizational changes.

It said the rejig is "intended to enhance the company’s ability to grow, retain, and serve customers and streamline its operations."

"The organizational changes include restructuring how the company’s systems are managed geographically to help facilitate operational focus on customer growth and experience, market expansion and service delivery, network reliability and performance, brand awareness, and local presence in each of the company’s regions; and (ii) streamlining the company’s customer service organization to optimize functional management and better align with the company’s service delivery model," said Cable One in a statement.

The cuts equate to four percent of the total workforce, confirmed Cable One, which said it would incur aggregate pre-tax charges of approximately $7 million related to the headcount reduction.

Cable One, which employed 3,000 people at the end of last year, said the cuts would result in $14 million in annual run-rate savings, while its CEO Julia Laulis has also publicly noted the changes will "pay off in the future."

Under the Sparklight and Fidelity Communications brands, the company provides cable television, Internet, and phone services to more than 1.1 million residential and business customers in 24 states.

Its history dates back to 1986 when it was founded as a subsidiary of Graham Holdings Company. It was initially known as Post-Newsweek Cable, before changing its name to Cable One in 1997.