Grupo Televisa, S.a.b. layoffs, on the record
Every job cut, severance charge and restructuring Grupo Televisa, S.a.b. reported in its annual reports, 2023 to 2025, quoted from the filings.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 20-F for 2025 | 26,599 | — |
Job cuts, severance and restructuring
Our summarySeverance expense for dismissals of personnel, mainly in the Cable segment, recorded as part of a continued cost reduction plan.
Word for word“(1) Included severance expense in connection with dismissals of personnel, primarily in the Group´s Cable segment for the year ended December 31, 2023, as a part of a continued cost reduction plan.” 20-F for 2023
Our summaryNon-recurring severance expense from headcount reductions in the Cable segment increased other expense.
Word for word“This increase reflected primarily (i) an increase in non-recurring severance expense in connection with headcount reductions in our Cable segment; (ii) non-recurring expense related to damage caused by Hurricane “Otis” in our Cable segment; and (iii) impairment adjustments of long-lived assets.” 20-F for 2023
Our summaryHeadcount fell from 37,374 to 32,932 employees, a reduction of about 4,442 during 2023, following the TelevisaUnivision transaction transfers at December 31, 2022.
Word for word“As part of the TelevisaUnivision Transaction as of December 31, 2022, approximately 9,300 employees were transferred from the Company to certain subsidiaries of TelevisaUnivision.” 20-F for 2023
Our summaryRecorded dismissal severance expense for personnel in the Cable and Sky segments as part of a continued cost reduction plan.
Word for word“(4) Included severance expense for dismissals of personnel in the Group´s Cable and Sky segments, as a part of a continued cost reduction plan.” 20-F for 2024
Our summaryRecorded dismissal severance expense in the Other Expense, net line for the year.
Word for word“Dismissal severance expense (4) ( 776,069 ) ( 1,003,358 ) ( 115,974 ) (Loss) gain on disposition of property and equipment ( 622,233 ) 48,036 70,759 Surcharges for income taxes from prior years (5) ( 405,916 ) — — Donations (see Note 20) ( 30,000 ) ( 30,000 ) ( 26,229 ) Realized gain on sale of property (6) 2,582,339 — — Interest on Asset Tax recoverable from prior years 182,923 315,778 — Expense related to Hurricane “Otis” (7) — ( 329,721 ) — Deferred compensation plan liability (8) — 337,450 ( 129,810 ) Gain on disposition of OCEN (9) — — 35,950 Lawsuit settlement agreement, net (10) — — ( 425,762 ) Other, net ( 221,058 ) 13,324 ( 213,372 ) Ps. ( 4,554,900 ) Ps.” 20-F for 2024
Our summaryRecorded a decrease in non-recurring severance expense tied to headcount reductions in the Cable and Sky segments, compared with the prior year.
Word for word“These unfavorable variances were partially offset by (i) a non-cash gain on sale of property to certain companies in our former Other Businesses segment that we recognized on January 31, 2024, in connection with the spin-off that we carried out on that date; (ii) a decrease in non-recurring severance expense in connection with headcount reductions in our Cable and Sky segments; and (iii) the absence in 2024 of other expense related to damage caused by Hurricane “Otis” in 2023 in our Cable segment.” 20-F for 2024
Our summaryRecorded an increase in non-recurring severance expense tied to headcount reductions in the Cable segment, compared with the prior year.
Word for word“These unfavorable variances were partially offset by (i) an increase in non-recurring severance expense in connection with headcount reductions in our Cable segment; and (ii) non-recurring expense related to damage caused by Hurricane “Otis” in our Cable segment.” 20-F for 2024
Our summaryThe company recorded lower non-recurring severance expenses tied to headcount reductions in 2025 than in 2024, which reduced other expense, net.
Word for word“This decrease reflected primarily: (i) the absence in 2025 of impairment adjustments recognized in the fourth quarter of 2024 in connection with goodwill, intangible assets and other long-lived assets; (ii) the absence in 2025 of a write-off made in 2024 of unrecoverable indirect taxes; (iii) the absence in 2025 of provisions made in 2024 for legal expenses; (iv) the absence in 2025 of surcharges recognized in 2024 for payments of income taxes from prior years; (v) lower non-recurring severance expenses in connection with headcount reductions; and (vi) an insurance claim recovery.” 20-F for 2025
Our summaryThe company restructured and integrated its Cable and Sky businesses into one business, substantially finishing in the fourth quarter of 2025, which produced a consolidated operating cost structure.
Word for word“The changes identified included (i) the designation of a chief executive officer and chief financial officer for the Group’s Cable and Sky businesses as a single business; and (ii) a restructuring and integration process of the Group’s Cable and Sky businesses that was substantially concluded in the fourth quarter of 2025, which resulted in a consolidated operating cost structure between these two businesses, following the implementation of cost efficiencies and synergies across several operating and administrative areas.” 20-F for 2025
Grupo Televisa, S.a.b. has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Grupo Televisa, S.a.b.’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-30. 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.