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 yield on its existing businesses.”
Could a round of layoffs be on the way soon?