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Media And Entertainment
CIO Bulletin
03 June, 2025
Layoffs in media and entertainment continue in 2025 due to changes in the industry and the ongoing effects of the economy on many companies.
Noticeable job cuts in media and entertainment are happening as 2025 continues due to the pandemic, disputes in Hollywood and other recent disruptions such as wildfires in LA. Disney, NBCUniversal and Paramount have let go of hundreds of staff in divisions such as TV, film, marketing and corporate operations.
Some 200 workers were let go at Disney’s ABC News and entertainment teams in the last month, while NBCUniversal brought changes to its cable networks that cost unscripted TV jobs. Paramount Global has let go of 15% of its U.S.-based employees and some of those layoffs are in its television studio operations. Just like The Washington Post, the Los Angeles Times and CNN have made staff cuts which hints at the pressure media outlets have to merge.
Other companies in the industry such as Critical Content and Lionsgate Television have also let go of staff. Companies like Business Insider and NowThis which depend heavily on digital content, have cut their staff, leading to reduced editorial and video work. After the media sector acquired Polygon, the company implemented layoffs.
These layoffs highlight that the media and entertainment industries are trying to cope with changes driven by streaming, greater use of AI and changed consumer habits. Media experts explain that because of media mergers and the need to cut costs, companies are reducing resources to stay competitive with current uncertainties.