Thread regarding 21st Century Fox Inc. layoffs

This is despicable

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?

https://variety.com/2019/biz/news/disney-fox-transaction-march-20-close-timeline-1203165056/

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| 1484 views | | 4 replies (last )
Post ID: @OP+Y9r3m7E

4 replies (most recent on top)

It doesn't matter what business or field you are in. No one should ever be so arrogant to think their job position is 'untouchable'.

Business is business...they can and will cut you off at any moment if it behooves them Wake up.

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Post ID: @3ehq+Y9r3m7E

3/20/19 the sale is complete. LET THE LAYOFFS BEGIN!

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Post ID: @1kyu+Y9r3m7E

That's complete bull. Consolidations and breakups have always been going on in Hollywood, while creatives always go to whomever is willing to sign them. Who's going to be affected by this? A bunch of accountants, finance people, and maybe some IT guys who are already outsourced to India anyway. Boo hoo.

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Post ID: @wcy+Y9r3m7E

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