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ProSiebenSat.1 to Cut 430 Jobs in Digital Transformation Push

The media company announces a socially responsible workforce reduction across Germany, Austria, and Switzerland to enhance efficiency and meet ambitious cost-saving goals.

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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.