Scripps launches cost cutting, AI integration in latest effort to generate earnings growth

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

E.W. Scripps 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.

Scripps launches cost cutting, AI integration in latest effort to generate earnings growth

CEO Adam Symson said in an interview with CNBC the changes are intended to alleviate journalists from administrative tasks, but not replace them with AI.

E.W. Scripps is expected to make layoffs in the near future as it seeks to grow adjusted earnings by up to $150M over three years; in 2024, it had 5K staff

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E.W. Scripps (SSP) - Enterprise Transformation Plan - Channelchek

Thursday, February 12, 2026 The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As one of the nation’s largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of 61 stations in 41 markets. The Scripps Networks reach nearly every American through the national news outlets Court TV and Newsy and popular entertainment b…

Scripps to Use AI to Cut Costs, Bodies

It appears that the cuts are not coming to an end at Scripps. In fact, this likely will be another big round of layoffs. The FTVLive Patrons can read this story at this link. If you’re not a Patron, click the banner below and we will get you set up instantly to our Patron network.

Scripps Sparks An EBITDA-Targeted Transformation Plan

The E.W. Scripps Company has launched what it calls “an enterprise-wide transformation plan designed to improve operating performance and unlock new value,” targeting annualized enterprise EBITDA growth of $125 million-$150 million by 2028. The company further believes it will deliver this improved EBITDA run-rate through cost savings and revenue growth initiatives “that will leverage technology including AI and automation and increase revenue y…