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AMC Networks Says Will Execute Cutbacks In Operations Which Includes A Large-Scale Layoff

Published on November 29, 2022 11:23 AM PST

AMC Networks Says Will Execute Cutbacks In Operations Which Includes A Large-Scale Layoff — Image source: ©2022 Kalkine Media®

Nov 29 (Reuters) - AMC Networks Inc:

* AMC NETWORKS SAYS DUE TO PRESSURES IN INDUSTRY AS WELL AS A CHALLENGING ECONOMIC ENVIRONMENT DETERMINED WE NEED TO CONSERVE RESOURCES AT THIS TIME

* AMC NETWORKS SAYS WILL EXECUTE CUTBACKS IN OPERATIONS WHICH INCLUDES A LARGE-SCALE LAYOFF, IMPACTING APPROXIMATELY 20% OF OUR EMPLOYEES IN THE U.S Further company coverage:

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