E.W. Scripps Announces Layoff of 431 Employees and Increases 2026 Political Revenue Outlook
The E.W. Scripps Company (SSP) has announced a further reduction in force involving 431 employees. This move brings the total number of staff reductions for 2026 to approximately 850, representing nearly 20% of the company's workforce at the start of the year. Despite the significant headcount reduction, Scripps raised its revenue outlook regarding political advertising for 2026. This suggests a strategic shift toward cost optimization and an expectation of increased demand in the political media sector.
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Topics: employment layoffs workforce reduction