Overview
- ProSiebenSat.1 Media SE will eliminate 430 full-time positions through a voluntary severance program agreed upon with employee representatives.
- The restructuring aims to streamline processes, improve cost efficiency, and accelerate the company's shift toward digital entertainment and streaming services.
- A mid-to-high double-digit million-euro restructuring provision will be recorded in Q2 2025 as part of the overhaul.
- The company expects to save €80 million in 2025 and €100 million in 2026, with cost-saving effects becoming visible in the second half of 2025.
- This marks the latest step in ProSiebenSat.1's ongoing efforts to adapt to a competitive media landscape and focus on its core business, including its streaming platform Joyn.