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Lionsgate Television Undergoes Round Of Layoffs
There has been more belt-tightening at indie studio Lionsgate Television. Five people in the scripted television group have been laid off, or 6%.
Five people in the scripted television group were laid off yesterday, Thursday, which represents 6% of the company’s workforce of approximately 80, sources said. The cuts follow a similar move on the unscripted side, with around 5% of Lionsgate Alternative Television laid off in November amid an ongoing contraction in the TV business that has hit independent suppliers particularly hard. In December 2023, Lionsgate laid off around 10% of eOne’s workforce ahead of closing the $375M merger and in September of last year offered U.S. employees a voluntary severance and early retirement program “amid “disrupted business environment”.
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