Lionsgate announced on September 19, 2025, an additional reduction of its companywide staff by approximately 5%, impacting about 50 employees. This follows an earlier layoff of 8% of staff, bringing the total headcount reduction to 13% over the year.
CEO Jon Feltheimer stated in an internal memo that these measures are part of corporate belt-tightening efforts and an adaptation to the unprecedented change and disruption within the entertainment industry. The goal is to reposition the company for future growth and enhance efficiency.
While these decisions are difficult, they reflect Lionsgate's commitment to streamlining its operations and reallocating resources to growth areas of the business. The company aims to substantially complete its year-long process of organizational repositioning with this latest reduction.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.