List Of Hollywood & Media Layoffs So Far In 2024 : From Paramount To The Los Angeles Times To CNN
deadline.comAfter the COVID-19 pandemic, two strikes in Hollywood and with the impact of streaming and the advent of A.I, the media landscape has continued to shift and consolidate, as Warner Bros.
Discovery CEO David Zaslav predicted as recently as the 2024 Allen & Co. Sun Valley Retreat. Zazlav knows whereof he speaks, with his own company undergoing successive waves of post-merger layoffs over the past two years, the most recent coming in May of this year when the company closed its TV and streaming service Newshub in New Zealand.
More than 300 jobs were lost. Paramount likewise targeted a 3% reduction in its global headcount earlier this year, with additional synergies likely if the Skydance deal closes.
The Fourth Estate has been hit hard. Politico’s estimate counts over 500 journalist layoffs this year alone. That largely began in January with the Los Angeles Times cutting more than 20% of its newsroom.
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