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Lionsgate Cuts 5% of Staff Toward Completion of Year-Long Reorganization

The studio says the cuts substantially complete its repositioning following the Starz split.

Overview

  • About 50 roles will be eliminated, representing roughly 5% of the company.
  • Coupled with an earlier 8% reduction, headcount is down about 13% this year.
  • CEO Jon Feltheimer described the move as cost discipline and resource reallocation after separating Lionsgate and Starz into standalone entities.
  • He told staff this round will substantially complete the year-long repositioning, with only possible department fine-tuning ahead.
  • Human Resources will support affected employees, and coverage notes the cuts reflect broader industry belt‑tightening seen at peers such as Paramount Global.