Latest in Layoffs

ViacomCBS’ layoffs this week also impacted CBS News and CBS-owned affiliates, the latest fallout to hit news media amid the coronavirus pandemic. The layoffs were said to make up a single-digit percentage of the news division — reportedly 5%, or about 75 employees. They follow recent staff cuts at outlets such as The A…

Hollywood PR bigwig Rogers and Cowan/PMK is the latest to be hit with by the economic realities of COVID-19, with Deadline confirming that the company has laid off about 10% of its staff across all divisions. “We had to make fiscally responsible moves to prepare for our future,” company chairman Cindi Berger said…

Vice Media is laying off 55 U.S. staffers and about 100 more internationally as it faces uncertainty due to COVID-19. The moves, which follow a 10% workforce reduction in early 2019, are the result of a need to shore up the company’s digital business, CEO Nancy Dubuc announced Friday in a memo to employees. “The…

An updated New York State filing by ViacomCBS provided clarity on job losses across the company's New York locations, detailing a total of 450 positions that have been eliminated. The company first filed with the State on Jan. 15 and noted in an April 29 update that layoffs will impact an additional 333 non-union…

Even before COVID-19, the road has been a little bumpy for ViacomCBS since the company closed its long-awaited, $12 billion merger last December. The company’s stock has lost more than half its value in the past few months. Bullish investors impressed by its reach and hefty cash flow have been outflanked by bears…

Cinemark CEO Mark Zoradi said  Hollywood studios “are anxious to get back in this business once safety is no longer a concern,” shrugging off Universal/Dreamworks Animation's Trolls World Tour going directly to PVOD as a blip in the road. It was a highly successful one for Universal, however, with Trolls bringing in…

MGM Resorts International, one of the largest employers in Nevada and a leading global casino company, will begin layoffs and furloughs next week after a significant slowdown in business amid coronavirus concerns. Employees were notified Friday in a company-wide letter from MGM President and COO Bill Hornbuckle. “As…

In the latest round of belt-tightening to hit WarnerMedia, subsidiary Otter Media’s online video network Rooster Teeth has laid off 13% of its total workforce, or about 50 employees. CEO Matt Hullum relayed the news to the staff Thursday, calling it “a tough day … unlike any moment of organizational change we have…

Vice Media, whose news unit is becoming a bigger presence at the Viceland cable network, has reportedly laid off about 15 people at Viceland. The workers span the programming, marketing and research departments. The cuts, first reported by the Wall Street Journal, follow the news first reported by Deadline two weeks…

Five months after Disney's $71.3 billion acquisition of key Fox assets was completed, there has been a new round of layoffs in Disney’s media distribution areas that include home entertainment and TV distribution, I have learned. I hear several dozen employees, just under 60, were affected, both on Fox and Disney…

Top exhibitor AMC Entertainment, following through on previously announced cost-cutting plans, has laid off 35 office staffers and will not fill 15 more positions. In a statement furnished to Deadline, AMC acknowledged the “difficult but necessary organizational changes” at its headquarters in Leawood, KS. The company…

EXCLUSIVE There have been a handful of exits of Netflix executives from different areas related to kids and family programming, I have learned. I hear the layoffs took place over the past two to three weeks. Five people were impacted. The list includes Jenna Boyd, Director, Kids & Family Original Series; Jill Stewart…