Sony Pictures Entertainment to Lay Off Hundreds in Reorganization Across TV, Film and Corporate

By Jennifer Maas

Jennifer Maas

TV Business Writer

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Sony Pictures Entertainment is restructuring its operations with plans for hundreds of layoffs across its film, TV and corporate divisions.

Sources tell Variety the layoffs, which are expected to result in a “few hundred” eliminations out of 12,000 employees that work for the organization globally, are now underway and expected to continue into the coming months.

Those close to the decision-making process say the cuts are not a “cost-driven exercise,” but a “targeted and strategic” choice for growth in several key areas: franchise strategy and brand extension (including game shows), anime, experiences, next-gen content, platform-native content and utilization of YouTube, and Sony Group ecosystem connectivity, including video game adaptations.

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