Archive · 7 Nov 2025
AMC Networks Cuts 5% of Global Workforce Through Voluntary Buyouts
AMC Networks, which owns channels like AMC and BBC America, is letting about 5% of its employees go.
They are doing this by offering people a special package to voluntarily leave their jobs.
The company is changing from a traditional TV business to one that focuses more on online streaming services like AMC+.
CEO Kristin Dolan said this move is to make sure they have the right team for the future.
This is happening at a time when many other media and tech companies, like Paramount and Amazon, are also cutting jobs for various reasons, including new technology like AI.
AMC Networks has about 1,800 employees worldwide and over 10 million people subscribe to their streaming services.
AMC Networks is cutting approximately 5% of its global workforce, totaling around 90 employees from its 1,800 staff.
The workforce reduction is being carried out through voluntary buyouts.
CEO Kristin Dolan announced the initiative during the company's third-quarter earnings call.
This move is part of AMC Networks' strategic transition from a linear TV business to a streaming and technology-focused content company.
The downsizing occurs amidst broader layoffs in the entertainment and tech industries, partly driven by advancements in AI.
- Who
- AMC Networks
- What
- is reducing its global workforce by approximately 5% through voluntary buyouts.
- When
- Announced Friday during the company's third-quarter earnings call.
- Where
- Globally, across AMC Networks' operations.
- Why
- To align the workforce with the company's transition from linear TV to a streaming and technology-focused content business, and to ensure the right skills for the future.
Company Perspective
Broader Industry Trend
Reason for Workforce Reduction
Company Perspective
AMC Networks states the voluntary buyouts are an initiative to 'ensure we have the right skills for the future' as part of its transition to a 'global streaming and technology focused content company.'
Broader Industry Trend
The downsizing at AMC Networks is occurring amidst a wider trend of layoffs and workforce reductions across the entertainment and technology sectors, including companies like Paramount, Warner Bros. Discovery, Disney, and Amazon.
Impact of AI
Company Perspective
AMC Networks' reduction is framed around strategic skill alignment for a streaming future.
Broader Industry Trend
Broader workforce cuts in the tech sector, like those at Amazon, are partly attributed to advances in artificial intelligence.
- Company Name
- AMC Networks
- Workforce Reduction
- Approximately 5% of global workforce
- Method of Reduction
- Voluntary buyouts
- Total Employees
- 1,800
- Announcement Date
- Friday during Q3 earnings call
- CEO
- Kristin Dolan
- Streaming Subscribers
- 10.4 million
