Nexstar to Cut About 2% of Staff, Layoffs Expected in Broadcasting and Sales Divisions
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Nexstar to Cut About 2% of Staff, Layoffs Expected in Broadcasting and Sales DivisionsNexstar is making cuts to its broadcasting and sales divisions as it looks to reduce operating expenses and “accelerate collaboration across the company,” TheWrap has learned. The media group controls 200 owned or partner stations in 116 U.S. markets, reaching 220 million people.“While it is difficult to make these sorts of changes, they will impact less than 2% of our workforce and allow us to focus on areas of growth for our viewers, partners and customers,” the company said in a Wednesday statement. “We are committed to managing through this period of unprecedented change in the media industry so that Nexstar continues to thrive for years to come.”The latest streamlining comes after The CW laid off over two dozen employees at the network, impacting its scripted programming and PR divisions. The cuts reflected a programming shift towards sports and unscripted content.During the company’s third quarter earnings report, Nexstar reported…See full article at The Wrap12/11/2024by Lucas ManfrediThe WrapSimilar NewsTheWrapAnimation Guild Executive Board Defends Hollywood Deal Amid Frustrations From Committee Members12/11/2024by Jacob Bryant, Jeremy FusterThe WrapProducer Carlos King Says He’s ‘Hopeful’ NeNe Leakes Will Make a Return to ‘Real Housewives of Atlanta’12/11/2024by Raquel ‘Rocky’ HarrisThe WrapAction Group Seeks State Inquiry Into Documentary Association for Canceling ‘We Will Dance Again’ Ads | Exclusive12/11/2024by Steve PondThe WrapNexstarNexstar readies plan to lay off broadcast TV, sales workers12/11/2024by Matthew KeysThe DeskNexstar Laying Off 2% Of Workforce, Focusing Cuts On Local Stations; The Hill Editor-In-Chief Bob Cusack Also Sets Exit12/11/2024by Dade Hayes and Ted JohnsonDeadline Film + TVNexstar to Cut 2 Percent of Workforce12/11/2024by Etan VlessingThe Hollywood Reporter – Movie NewsCooWarner Bros Discovery Boards New Zealand-u.S. Comedy Series ‘The Sanctuary’12/11/2024by Jesse WhittockDeadline Film + TVSaudi Arabia’s Neom Media Hub Partners With Hakawati Entertainment on Nine Picture Deal, Production Services Unit (Exclusive)12/10/2024by Nick VivarelliVariety Film + TVGwyneth Paltrow Felt Being a Celebrity Could Hurt Goop12/7/2024by Antonio StallingsShowbiz Cheat SheetIMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb’s opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
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