Starz slashes 7% of jobs despite subscriber growth and shrinking losses
Starz has cut 7% of its workforce in a fresh round of layoffs. The move comes 10 months after the company split from Lionsgate. Despite this, the streaming service reported narrowing losses and subscriber growth in its latest financial update.
The company had already reduced its staff by 10% in 2023 as part of preparations for the separation. Now, further cuts have been made as Starz reorganises its operations.
In its fourth-quarter results, Starz posted a net loss of $20.7 million—a smaller deficit than previous periods. The service also saw its U.S. subscriber base grow by 170,000, reaching 17.6 million by the end of 2025.
Looking ahead, Starz expects 2026 to mark a turning point for its finances. The company has already outperformed all its financial targets for 2025, suggesting a steady recovery following the split from Lionsgate.
The latest layoffs reflect ongoing adjustments after the Lionsgate separation. With subscriber numbers rising and losses shrinking, Starz remains focused on reaching profitability by 2026. The company has not disclosed exact employee numbers affected by the cuts.
