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Channel 4 to cut 300 jobs in biggest-ever layoffs

9/8/2026

Summary

Story summary

Channel 4 will cut about 300 jobs, roughly a quarter of its workforce.
The layoffs constitute the biggest round of cuts in Channel 4’s 43-year history.
Channel 4’s wage bill rose to £122 million, up from £108 million two years earlier.
The broadcaster reported a pre-tax loss of £10 million last year, its third consecutive deficit.
Channel 4 secured agreement to tap the remaining half of its £150 million revolving credit facility, pending state approval.

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Story summary

Channel 4 will cut about 300 jobs, roughly a quarter of its workforce.
The layoffs constitute the biggest round of cuts in Channel 4’s 43-year history.
Channel 4’s wage bill rose to £122 million, up from £108 million two years earlier.
The broadcaster reported a pre-tax loss of £10 million last year, its third consecutive deficit.
Channel 4 secured agreement to tap the remaining half of its £150 million revolving credit facility, pending state approval.