Do you think there will be 21st Century Fox layoffs? Any chatter, news or rumors?
How many of you are still standing?
Layoffs Hit Fox Sports as Division Seeks to "Streamline" Business https://www.hollywoodreporter.com/news/layoffs-hit-fox-sports-as-division-seeks-streamline-business-1304389
Be prepared at the Pico lot. Disney is running up massive debts now and rumor is they will start cutting at cable and consolidate in the woodlands since no union and better tax situation.
From what I understand Disney folks were hit more than us, which surprises me. I was certain we'd get decimated - which goes to show you can never know for sure until it happens. I'm now hoping we are done with layoffs at least for the foreseeable... — read more
Nobody knows when layoffs will happen, but the overall number of employees should be public info. Do you know how many people work at the company? How about the office at NYC?
Anyone would care to chime in with a prediction about potential 21st Century Fox Layoffs 2020? Any news or rumors?
This whole Disney acquisition thing is starting to really take a toll on our morale and productivity. Not to mention that every time I see Fox mentioned in the news I look for info on coming layoffs, since we are certainly not being told anything by... — read more
How many people and what departments have been laid off on the Pico and Century City Fox location? Is it still being determined post M&A with Disney?
https://finance.yahoo.com/news/abigail-disney-walt-apos-grandniece-150405911.html DISNEY AND FOX EXECUTIVES are overpaid. Did Bob Iger produce $65 M in value for shareholders and deserve that large of a compensation package? I think NOT.
Sooooo, take all of this with a grain or salt... Or... https://variety.com/2019/biz/news/disney-fox-layoffs-tv-cuts-1203170017/
Source below... Fox Layoffs: Distribution and Marketing Leaders Out - Chris Aronson, Heather Phillips, Julie Rieger, Mike Dunn, Andrew Cripps among executives in first wave of layoffs. Layoffs have hit Fox following the entertainment company’s sale... — read more
Can someone explain to me how someone with a college degree can only be paid $17 or $18 per hour, doing work that should at least be compensated for $25 a hr at FOX?? These a--holes make millions of dollars and can't even paying a fricking living... — read more
I hate just having to sit and wait while my anxiety intensifies. Some transparency in this whole process would be great. Let me know if I need to look for a new job or not - don't leave me waiting and stuck in limbo for days or weeks - or heavens... — read more
While we are worried about still having our jobs once the acquisition is completed, Wall Street is doing a happy dance. Who cares about livelihoods of 4,000+ people when there is added value for shareholders, right?... — read more
Will the layoffs start on March 20 or will it take Disney some time to evaluate the situation before deciding who to cut? 5,000 people is a huge number - I'd like to think they would not rush it. Although, I wouldn't be surprised if they wanted to... — read more
https://www.hollywoodreporter.com/news/disneys-fox-acquisition-expected-close-next-week-1194013 Last week, Disney boss Bob Iger had said the $71.3 billion takeover of large parts of Fox, including the film and TV studio, would close "soon." CERTAIN... — read more
At least we finally know when it will start. In my opinion, that's better than not knowing and stressing twice as much with all the wild guessing. The number is still at 10,000 for both companies, so how much of that will be us will continue to be a... — read more
Be sure to get your resumes updated and start applying now. Be proactive, not reactive.
I knew merger will mean layoffs, but I didn't expect it to be as high as people are now quoting them to be. I read that after the merger, 5,000 jobs will be eliminated, with 2,300 of that coming from our side. Still no details, but the number is... — read more
We know for sure we'll be getting major layoffs once the acquisition is finalized, as there'll be consolidations across the board. I'm just wondering who will be hit the worse and how many in total will be shown the door. Since we won't know in... — read more
I just hope that things turn around
I spent last 5years with our company and it'd be a real shame if they were to decide to lay people off from our offices in NYC.
What is the likelihood of 21st Century Fox layoffs in New York in 2016? Please let me know if you have any information.