Major Broadcast Networks Cut Over 650 Staffers

From early 2025 through early 2026, major U.S. broadcast networks — ABC, CBS, NBC and Fox-affiliated operations — cut more than 650 employees amid ratings declines and cost-saving restructurings. ABC cut nearly 200 in March 2025, CBS cut about 100 in October 2025 and reports indicate it is considering at least 15% reductions in 2026, while NBC cut roughly 150 and Fox’s national staff remained relatively stable. The changes accelerate pivots to streaming and digital operations.