The telecommunications giant says all employees were "offered generous severance and an opportunity to apply for other jobs at Comcast."
The deal values Time Warner Cable at $78.7 billion.
A deal would create a major rival to Comcast Corp, the biggest U.S. operator in the U.S. cable and broadband market.
All but two lawmakers behind the “Internet Freedom Act” have received campaign money from telecoms.
A cable subscription will no longer be needed to view HBO’s content