In 2026, 25 media & entertainment companies have cut a combined 27,477 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 |
|---|---|---|---|---|
| Omnicom | 15,000 | 12.5% | MERGER | |
| BBC | 2,000 | 9.3% | COST CUT | |
| WPP | 1,000 | 1.0% | RESTRUCTURE | |
| Snap | 1,000 | 19.0% | AI-DRIVEN | |
| Disney | 1,000 | 0.5% | RESTRUCTURE | |
| IGT | 700 | 10.0% | MERGER | |
| 700 | 14.9% | AI-DRIVEN | ||
| Entain | 500 | 2.0% | COST CUT | |
| Ticketmaster | 350 | 8.0% | AI-DRIVEN | |
| bet365 | 340 | 3.4% | COST CUT | |
| Channel 4 | 340 | 26.8% | RESTRUCTURE | |
| Disney | 300 | 0.1% | COST CUT | |
| WPP | 300 | 0.3% | RESTRUCTURE | |
| TikTok | 300 | 0.8% | AI-DRIVEN | |
| FanDuel | 300 | 6.0% | RESTRUCTURE | |
| Washington Post | 300 | 37.5% | COST CUT | |
| TikTok | 250 | 3.6% | RESTRUCTURE | |
| Maverick Gaming | 238 | 6.8% | RESTRUCTURE | |
| Reach plc | 220 | 7.1% | AI-DRIVEN | |
| LIV Golf | 200 | 66.7% | RESTRUCTURE | |
| Disney | 200 | 0.1% | RESTRUCTURE | |
| Southern Cross Media | 200 | 3.0% | AI-DRIVEN | |
| Sony Pictures | 200 | 1.7% | RESTRUCTURE | |
| BuzzFeed | 180 | 35.3% | MERGER | |
| Mountain Valley Golf Course | 111 | 100.0% | RESTRUCTURE | |
| BBC | 110 | 0.5% | COST CUT | |
| iHeartMedia | 100 | 1.0% | RESTRUCTURE | |
| Daily Wire | 100 | 50.0% | COST CUT | |
| McClatchy | 90 | 4.1% | COST CUT | |
| PGA Tour | 80 | 4.0% | COST CUT | |
| TikTok | 75 | 1.1% | RESTRUCTURE | |
| 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 | |
| Netflix | 59 | 0.4% | RESTRUCTURE | |
| CNN | 50 | 1.7% | RESTRUCTURE | |
| Corus Entertainment | 43 | 2.0% | RESTRUCTURE | |
| WME | 30 | 3.0% | RESTRUCTURE | |
| NBA | 24 | 0.6% | RESTRUCTURE | |
| Los Angeles Lakers | 20 | 6.7% | COST CUT |