Tegna layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryWorkforce restructuring costs increased cost of revenues, with the filing citing a $4.9 million increase in workforce restructuring costs in 2024. Cost: $4.9 million

   Word for word“This increase was primarily driven by increases in payroll-related costs of $13.1 million, workforce restructuring costs of $4.9 million, employee stock-based compensation of $3.9 million, programming costs of $2.9 million and employee retention cost of $2.3 million.” 10-K for 2024

2. Our summaryWorkforce restructuring added to business unit selling, general and administrative expenses in 2024. Cost: $9.9 million

   Word for word“The decrease was primarily due to decreases in professional service costs of $29.7 million as a result of cost saving initiatives, partially offset by increases from workforce restructuring of $9.9 million, employee stock-based compensation of $2.2 million, and employee retention costs of $1.8 million.” 10-K for 2024

3. Our summaryWorkforce restructuring costs added to corporate general and administrative expenses in 2024. Cost: $2.7 million

   Word for word“The decrease was primarily driven by a decline in merger and acquisition (M&A)-related costs of $17.6 million, partially offset by increases in employee retention costs of $2.6 million and workforce restructuring costs of $2.7 million.” 10-K for 2024

4. Our summaryCompany recorded total workforce restructuring as a special item in 2024 for the year ended December 31, 2024. Year ended Dec. 31, 2024

   Word for word“Special Items Year ended Dec. 31, 2024 GAAP measure M&A-related costs Earnout adjustments Retention costs - SBC Retention costs - Cash Workforce restructuring Asset impairment and other Other non-operating item Special tax item Non-GAAP measure Employee compensation $ 752,753 $ — $ — $ (9,955 ) $ (4,333 ) $ (18,931 ) $ — $ — $ — $ 719,534 Corporate - General and administrative expenses 51,851 (2,290 ) — (3,307 ) (2,227 ) (2,725 ) — — — 41,302 Operating expenses 2,317,187 (2,290 ) 3,453 (9,955 ) (4,333 ) (18,931 ) (1,097 ) — — 2,284,034 Operating income 784,784 2,290 (3,453 ) 9,955 4,333 18,931 1,097 — — 817,937 Income before income taxes 772,987 2,290 (3,453 ) 9,955 4,333 18,931 1,097 (142,552 ) — 663,588 Provision for income taxes 173,944 593 (887 ) 1,186 748 4,129 284 (33,972 ) (2,634 ) 143,391 Net income attributable to TEGNA Inc. 599,818 1,697 (2,566 ) 8,769 3,585 14,802 813 (108,580 ) 2,634 520,972 Earnings per share - diluted (a) $ 3.53 $ 0.01 $ (0.02 ) $ 0.05 $ 0.02 $ 0.09 $ — $ (0.64 ) $ 0.02 $ 3.07 Special Items Year ended Dec. 31, 2023 GAAP measure M&A-related costs Retention costs - SBC Retention costs - Cash Merger termination fee Asset impairment and other Other non-operating item Special tax item Non-GAAP measure Employee compensation $ 712,155 $ (1,479 ) $ (3,904 ) $ (4,448 ) $ — $ — $ — $ — $ 702,324 Corporate - General and administrative expenses 65,933 (19,848 ) (1,072 ) (2,117 ) — — — — 42,896 Operating expenses 2,177,385 (19,848 ) (3,904 ) (4,448 ) 136,000 (3,359 ) — — 2,281,826 Operating income 733,545 19,848 3,904 4,448 (136,000 ) 3,359 — — 629,104 Income before income taxes 606,546 19,848 3,904 4,448 (136,000 ) 3,359 (25,809 ) — 476,296 Provision for income taxes 130,199 4,552 500 590 (24,504 ) 860 (6,604 ) 7,328 112,921 Net income attributable to TEGNA Inc. 476,724 15,296 3,404 3,858 (111,496 ) 2,499 (19,205 ) (7,328 ) 363,752 Earnings per share - diluted (a) $ 2.28 $ 0.07 $ 0.02 $ 0.02 $ (0.54 ) $ 0.01 $ (0.09 ) $ (0.04 ) $ 1.74 (a) Per share amounts do not sum due to rounding. 33 Adjusted EBITDA Reconciliations of Adjusted EBITDA (inclusive and exclusive of stock-based compensation expenses) to net income attributable to TEGNA Inc. presented in accordance with GAAP on our Consolidated Statements of Income is presented below (in thousands): 2024 Change 2023 Net income attributable to TEGNA Inc. (GAAP basis) $ 599,818 26% $ 476,724 Less: Net loss attributable to redeemable noncontrolling interest (775 ) *** (377 ) Less: Interest income (26,991 ) (8%) (29,292 ) Less: Other non-operating items, net (130,450 ) *** (16,613 ) Plus: Provision for income taxes 173,944 34% 130,199 Plus: Interest expense 169,238 (2%) 172,904 Operating income (GAAP basis) $ 784,784 7% $ 733,545 Less: Merger termination fee — *** (136,000 ) Less: Octillion Earnout adjustments (3,453 ) *** — Plus: M&A-related costs 2,290 (88%) 19,848 Plus: Retention costs - Employee awards stock-based compensation 9,955 *** 3,904 Plus: Retention costs - Cash 4,333 (3%) 4,448 Plus: Workforce restructuring 18,931 *** — Plus: Asset impairment and other 1,097 (67%) 3,359 Adjusted operating income (non-GAAP basis) $ 817,937 30% $ 629,104 Plus: Depreciation 59,935 0% 59,769 Plus: Amortization of intangible assets 53,600 0% 53,467 Adjusted EBITDA $ 931,472 25% $ 742,340 Stock-based compensation:   Employee awards 28,579 39% 20,593 Company stock 401(k) match contributions 18,702 0% 18,629 Adjusted EBITDA before stock-based compensation costs $ 978,753 25% $ 781,562 *** Not meaningful Adjusted EBITDA margin was 30% with stock-based compensation expenses and 32% without those expenses. Our total Adjusted EBITDA increased $189.1 million or 25% in 2024 compared to 2023, due to an increase in political revenue, partially offset by a decrease in subscription and AMS revenue.” 10-K for 2024

Tegna 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 Tegna’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 2026-03-02. 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.