In 2026, 25 media & entertainment companies have cut a combined 7,621 jobs, averaging 13.2% of workforce per company.
Media layoffs continue a multi-year contraction in 2026. CBS News shut down its radio division after nearly a century, while the Washington Post cut a third of its newsroom. The industry is restructuring around digital-first models with far fewer human journalists.
| Company | People Cut | % of Workforce | Date | Category |
|---|---|---|---|---|
| BBC | 2,000 | 9.3% | COST CUT | |
| Snap | 1,000 | 19.0% | AI-DRIVEN | |
| Disney | 1,000 | 0.5% | RESTRUCTURE | |
| IGT | 700 | 10.0% | MERGER | |
| 700 | 14.9% | AI-DRIVEN | ||
| Ticketmaster | 350 | 8.0% | AI-DRIVEN | |
| FanDuel | 300 | 6.0% | RESTRUCTURE | |
| Washington Post | 300 | 37.5% | COST CUT | |
| Southern Cross Media | 200 | 3.0% | AI-DRIVEN | |
| Sony Pictures | 200 | 1.7% | RESTRUCTURE | |
| iHeartMedia | 100 | 1.0% | RESTRUCTURE | |
| Daily Wire | 100 | 50.0% | COST CUT | |
| PGA Tour | 80 | 4.0% | COST CUT | |
| Penn Entertainment | 75 | 0.3% | RESTRUCTURE | |
| Streamland Media | 71 | 4.7% | WEAK DEMAND | |
| Portland Trail Blazers | 70 | 28.0% | COST CUT | |
| CBS News | 66 | 6.0% | RESTRUCTURE | |
| Star Tribune | 65 | 13.1% | RESTRUCTURE | |
| Minute Media | 60 | 12.0% | AI-DRIVEN | |
| Associated Press | 60 | 1.8% | RESTRUCTURE | |
| CNN | 50 | 1.7% | RESTRUCTURE | |
| WME | 30 | 3.0% | RESTRUCTURE | |
| NBA | 24 | 0.6% | RESTRUCTURE | |
| Los Angeles Lakers | 20 | 6.7% | COST CUT |