Newly-single Lionsgate has cut around 50 jobs company-wide, or approximately 5 percent of its workforce, in its latest belt-tightening effort, The Hollywood Reporter has confirmed.

The latest round of layoffs at Lionsgate, the studio behindJohn WickandThe Hunger Gamesfranchises, brings to 13 percent the total headcount reduction for the studio over the past year.

Its also understood the latest job cuts are part of an ongoing move towards corporateefficiency and cost-cutting measures, and is in line with similar down-sizing at rival media companies in Hollywood after the end of the Peak TV era and the impact of the 2023 Hollywood strikes. Lionsgate has also signaled the latest job cuts for the most part complete a year-long effort to trim operating costs and position the studio for growth amid unprecedented industry change and disruption. The cuts follow Lionsgate splitting its studio business from Starz to open up strategic possibilities in a consolidating entertainment industry.

That includes Lionsgate possibly being a takeover target after Legendary Entertainment, the studio behindDune,Godzillaand theMinecraft Movie, in July signaled it may be weighing a potential deal for the major studios.

On an Aug. 7, 2025 earnings call, Lionsgate CEO Jon Feltheimer told analysts cost-cutting was part of his studios growth strategy.

In the world were in, were the only major with the scale thats significantly less than the other majors, and I would say that speaks to the potential for us to look to figure out a way to take advantage of our earnings power, but without some of the overhead that we have, the Lionsgate boss argued.