Get the latest gossip
Fox Entertainment Undergoes Layoffs Following Restructuring
Fox Entertainment is the latest media company to implement staff reductions, eliminating 30 positions today.
“While there are many exciting aspects to realizing our path forward, one of the most difficult phases in any reorganization is recognizing where redundancies exist and how evolving priorities affect our team,” Fox Entertainment CEO Rob Wade said in a memo to staff today, addressing the layoffs (you can read it in full below). While there are many exciting aspects to realizing our path forward, one of the most difficult phases in any reorganization is recognizing where redundancies exist and how evolving priorities affect our team. In completing our restructuring, I’m confident that we have the team in place to achieve remarkable things, as we increasingly invest in original entertainment and solidify our position as a global studio and distributor.
Or read this on Deadline