Entertainment and Media Suffers Another Major Blow in 2024 With 15,000 Job Cuts

Story by Tess Patton

Image from The Wrap

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In a devastating blow, the entertainment and media sectors shed 15,000 jobs in 2024, compounding the previous year's industry struggles.

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Major players like ABC, CBS, and Fox all contributed to the massive layoffs, as the sector continues to grapple with the impact of the pandemic and shifting consumer habits.
Industry insiders predict the job cuts will have a ripple effect, leading to reduced content production and fewer opportunities for up-and-coming talent in the Hollywood pipeline.

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ABC, CBS, Fox, Netflix