AMC Global Media layoffs, on the record
Every job cut, severance charge and restructuring AMC Global Media reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 1,900 to 1,738 employees.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 1,900 | December 31, 2023 |
| 10-K for 2024 | approximately 1,800 | December 31, 2024 |
| 10-K for 2025 | 1,738 employees | As of December 31, 2025 |
Job cuts, severance and restructuring
Our summaryCompleted a restructuring plan that began in November 2022, recording severance and other personnel costs plus office space exit costs in 2023.
Word for word“During the year ended December 31, 2023, the Company completed the Plan and recorded r estructuring and other related charges of $ 27.8 million, consisting primarily of charges relating to severance and other personnel costs, and its third quarter exiting of a portion of office space at its c orporate headquarters in New York and office space in Silver Spring, Maryland and Woodland Hills, California.” 10-K for 2023
Our summaryOriginally launched a restructuring plan in November 2022 to cut costs, eliminate certain roles and centralize functions, including content impairments and severance.
Word for word“For the year ended December 31, 2022, a s a result of the Plan, the Company recorded r estructuring and other related charges of $ 449.0 million, consisting of content impairments of $ 403.8 million and severance and other personnel costs of $ 45.2 million.” 10-K for 2023
Our summaryRecorded impairment charges on exiting part of the New York office space.
Word for word“In connection with exiting a portion of its New York office space, the Company recorded impairment charges of $ 11.6 million, consisting of $ 9.1 million for operating lease right-of use assets and $ 2.5 million for leasehold improvements.” 10-K for 2023
Our summaryRecorded restructuring charges under the 2020 Plan, which reduced the domestic workforce, plus severance tied to international distribution terminations.
Word for word“Restructuring and other related charges were $ 10.4 million for the year ended December 31, 2021, including $ 6.1 million at AMCNI related to severance costs and the termination of distribution in certain international territories and $ 4.3 million of severance costs relating to a restructuring plan (the "2020 Plan") that commenced on November 18, 2020.” 10-K for 2023
Our summaryCompany recorded restructuring and other related charges for 2024, consisting of content impairments and severance and employee-related costs.
Word for word“Restructuring and other related charges were $49.5 million for the year ended December 31, 2024, consisting of $44.2 million of content impairments and $5.3 million of severance and employee-related costs.” 10-K for 2024
Our summaryFollowing the purchase of the remaining BBCA interest, the company completed a strategic programming assessment and recorded a restructuring charge for scripted original programming that no longer fit the channel's strategy.
Word for word“Following the purchase of the remaining interest in BBCA in November 2024, the Company completed a strategic programming assessment and recorded a restructuring charge of $43.2 million pertaining to certain scripted original programming that no longer aligned with the channel's go-forward strategy.” 10-K for 2024
Our summaryCompany completed a restructuring plan that commenced in November 2022, recording severance, personnel costs and office space exit costs.
Word for word“During the year ended December 31, 2023, we completed the Plan and recorded r estructuring and other related charges of $27.8 million, consisting primarily of charges relating to severance and other personnel costs, and our exit during the third quarter of 2023 of a portion of office space at our c orporate headquarters in New York and office space in Silver Spring, Maryland and Woodland Hills, California.” 10-K for 2024
Our summaryCompany's restructuring plan begun in November 2022 was designed to achieve cost reductions and eliminate certain roles.
Word for word“The Plan was intended to improve the organizational design of the Company through the elimination of certain roles and centralization of certain functional areas of the Company.” 10-K for 2024
Our summaryCompany recorded restructuring and other related charges in 2022, including severance and other costs under the November 2022 plan.
Word for word“Restructuring and other related charges 49,464 27,787 448,966 Total operating expenses 2,460,914 2,323,465 3,009,629 Operating income (loss) ( 39,600 ) 388,412 86,916 Other income (expense): Interest expense ( 166,186 ) ( 152,703 ) ( 133,762 ) Interest income 36,803 37,018 13,326 Loss on extinguishment of debt, net ( 105 ) — — Miscellaneous, net ( 5,409 ) 23,279 3,568 Total other expense ( 134,897 ) ( 92,406 ) ( 116,868 ) Income (loss) from operations before income taxes ( 174,497 ) 296,006 ( 29,952 ) Income tax (expense) benefit ( 43,490 ) ( 94,606 ) 40,980 Net income (loss) including noncontrolling interests ( 217,987 ) 201,400 11,028 Net (income) loss attributable to noncontrolling interests ( 8,559 ) 14,064 ( 3,434 ) Net income (loss) attributable to AMC Networks' stockholders $ ( 226,546 ) $ 215,464 $ 7,594 Net income (loss) per share attributable to AMC Networks' stockholders: Basic $ ( 5.10 ) $ 4.92 $ 0.18 Diluted $ ( 5.10 ) $ 4.90 $ 0.17 Weighted average common shares: Basic 44,438 43,827 43,135 Diluted 44,438 43,991 43,731 See accompanying notes to consolidated financial statements. F-5 A MC NETWORKS INC.” 10-K for 2024
Our summaryRecorded 2025 restructuring charges, mostly for the international AMCNI Plan, which includes channel re-branding, a workforce reduction in Southern Europe, a U.K. joint venture wind-down and an Argentina voluntary buyout.
Word for word“Restructuring and other related charges were $26.5 million for the year ended December 31, 2025, $17.5 million of which related to our AMCNI Plan designed to achieve cost reductions and streamline operations including channel re-branding and a reduction of workforce in Southern Europe, the wind-down of a U.K. joint venture, and a voluntary buyout program for employees in Argentina.” 10-K for 2025
Our summaryRecorded domestic restructuring charges, mainly severance for a voluntary buyout program for U.S. employees.
Word for word“We also recognized $9.0 million of restructuring charges domestically, primarily comprised of $11.9 million of severance charges in connection with our voluntary buyout program for U.S. employees which is expected to result in modifications to the organizational structure and reduced employee costs.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Restructuring costs incurred | Cash paid for restructuring |
|---|---|---|---|
| 2016-12-31 | $29.5 million | — | $21.8 million |
| 2017-12-31 | $6.1 million | $6.1 million | $13.6 million |
| 2018-12-31 | $45.8 million | $45.8 million | $3.6 million |
| 2019-12-31 | $27.9 million | $40.9 million | $32.3 million |
| 2020-12-31 | $35.1 million | $35.1 million | $31.7 million |
| 2021-12-31 | $10.4 million | $10.4 million | $31.5 million |
| 2022-12-31 | $45.2 million | $449 million | $324,000 |
| 2023-12-31 | $27.8 million | $27.8 million | $112.5 million |
| 2024-12-31 | $49.5 million | $49.5 million | $13.3 million |
| 2025-12-31 | $26.5 million | $26.5 million | $13 million |
AMC Global Media filed 2 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from AMC Global Media’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.