Entertainment and media industries shed 17K jobs…
The leisure and media industries bled more than 17,000 jobs in 2025, the latest in a brutal, ongoing contraction that’s left newsrooms, studios and streaming giants hollowed out by consolidation, cost-cutting and the accelerating use of artificial intelligence.
US-based media firms spanning TV, movie, digital publishing and broadcast announced 17,163 job cuts through November, an 18% increase from 2024, according to data from Challenger, Gray & Christmas.
Layoffs surged fivefold in 2023 in contrast to the prior yr as firms moved aggressively to slash prices,…
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