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Byron Allen’s AMG Laying Off Staff Across Divisions Amid Cost-Cutting Push

Jill Goldsmith
·1 min read

Byron Allen’s Allen Media Group said it is cutting costs and will be laying off employees.

The move began on Monday. AMG said it “is making strategic changes to better position the company for growth that will result in expense and workforce reductions across all divisions of the company. Allen
Media Group’s brands continue to perform well and in many areas our revenue growth has greatly outpaced the market. We are aligning these changes to drive future business opportunities and support our growth strategies in our rapidly evolving industry.

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It wasn’t clear how many employees are affected.

AMG

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