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List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More
Media layoffs across the entertainment industry are hitting hard after the past two years’ avalanche of job cuts.
The unfortunate trend can still be felt following the Covid-19 pandemic, dual Hollywood strikes and — the latest event to hit Los Angeles hard: a series of wildfires that broke out…
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By Dessi Gomez
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21 Comments Comment on List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More
Nat Geo’s Charlie Parsons Exits After Over 15 Years As Part Of Disney Layoffs
EXCLUSIVE: National Geographic was hit by Tuesday morning's latest round of Disney layoffs, and one of its longest-serving executives was one of those affected.
Charlie Parsons, SVP Development at the factual brand, is exiting as part of the cuts. Parsons has been with the broadcaster for more…
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By Peter White
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Disney Cutting Several Hundred Jobs; Pixar And National Geographic Among Most Affected Divisions
Disney is cutting several hundred positions, with Pixar and National Geographic among the divisions most affected by the move.
Tuesday’s layoffs come as ESPN also has let go of staffers as a result of a deal with the NFL.
Staffers at Disney Entertainment Television and Studios, among other…
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By Dade Hayes
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In ESPN Layoffs Tied To NFL Network Deal, On-Air Personalities Karl Ravech & Ryan Clark Depart
ESPN is implementing layoffs tied to a deal it closed earlier this year with the NFL.
Chairman Jimmy Pitaro confirmed the cutbacks in a memo to employees Tuesday (read it in full below). The reductions primarily involve behind-the-scenes production staffers, but a handful of on-air personalities…
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By Dade Hayes
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Xbox Laying Off 3,200 Staffers, CEO Confirms: “Our Business Today Is Not Healthy”
Microsoft’s Xbox video game division is implementing “the most significant restructure” in its 25-year history, CEO Asha Sharma announced Monday, with 3,200 workers receiving pink slips.
Of the projected layoffs, 1,600 will take immediate effect, with the balance occurring over the rest of…
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By Dade Hayes
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Disney’s Recent Layoffs May Not Be One-Offs As Company Touts “Culture Of Efficiency”
Asked whether Disney’s layoffs last month of about 1,000 workers could be followed by more cutbacks, executives said Wednesday the company is exploring all options as it builds “a culture of efficiency.”
Newly minted CEO Josh D’Amaro and CFO Hugh Johnston fielded questions about cost savings…
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By Dade Hayes
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Quixote Studios Exiting Atlanta, Deploying Assets To New York & L.A.
Quixote Studios has started to wind down operations in the Atlanta area, redeploying equipment and other assets to Los Angeles and New York. Separately, it's also exiting most of its leased sound stage facilities in L.A.
The phased wind-down, which will eliminate about 70 jobs between…
Barry Diller’s IAC Rebranding As People Inc., Planning Layoffs In Strategic Restructuring
Barry Diller’s Interactive Corp. (IAC) is renaming itself People Inc. and slimming down its ranks.
In a memo to employees (read it below), Diller called it an “opportunistic” move. “I believe today and tomorrow’s opportunities will best be held in the corpus of this new corporate name,” he…
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By Dade Hayes
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Meta To Lay Off 10% Of Workforce Amid Ongoing AI Push
Meta, which owns Facebook, Instagram and WhatsApp, plans to lay off 10% of its workforce amid ongoing investments in generative AI.
The company offered details to employees in a memo. Bloomberg had the first report of the cutbacks, following an earlier one by Reuters that reductions were…
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By Dade Hayes
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Snap Cutting 16% Of Full-Time Workforce; CEO Evan Spiegel Says AI Offers “New Way Of Working”
Snap Inc. is laying off 16% of its full-time workforce, or about 1,000 employees, with CEO Evan Spiegel declaring that “a new way of working” is possible thanks to artificial intelligence.
In a memo to employees (read it below), Spiegel said the cuts, along with related efforts to become more…
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By Dade Hayes
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Marvel Undergoes Layoffs Amid Companywide Disney Cuts
Marvel has been impacted by today’s Disney layoffs. Affected by the staff reductions are both the offices of Marvel Entertainment in New York and Marvel Studios in Burbank, sources said. About 8% of the workforce has been let go, I hear.
There are layoffs in most departments, including film and…
Disney CEO Josh D’Amaro Confirms Layoffs; Most Cuts Hitting Marketing And Brand Group
Disney CEO Josh D’Amaro has confirmed layoffs affecting up to 1,000 employees in the company’s streamlined marketing and brand organization.
The top exec, who was officially named Bob Iger’s successor in February, conveyed the news to employees Tuesday in a memo. Read it in full…
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By Dade Hayes
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