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Nexstar Laying Off 2% Of Workforce, Focusing Cuts On Local Stations; The Hill Editor-In-Chief Bob Cusack Also Sets Exit
Nexstar Media Group, which has recently trimmed staff at The CW, is expanding those belt-tightening efforts by cutting 2% of its total workforce.
Nexstar Media Group, which has been trimming staff at The CW in recent months, plans to expand those belt-tightening efforts by cutting 2% of its total workforce. “Our broadcasting and sales divisions are streamlining their organizations to reduce our operating expenses and accelerate collaboration across the company,” Nexstar said in a statement provided to Deadline. Along with cuts at The CW, Nexstar senior executives have publicly acknowledged the need to streamline given softness in the advertising market and other challenges to legacy media.
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