Scripps Layoffs Loom as Company Sets Major Cost-Cutting and Revenue Growth Plan That Will Include Use of AI and Automation

Government

E.W. Scripps Co. is expecting to make layoffs in the near future as the company, which operates more than 60 local TV stations in the U.S., has embarked on a plan aimed at boosting adjusted earnings by up to $150 million over the next three years. This week at its headquarters in Cincinnati, Scripps said, it gathered a team of 200 managers “charged with carrying out the transformation.” The company said will share more details of its transformation plan on its Feb. 26 earnings call after

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