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Layoffs Hit Disney and Fox – Variety



Both Disney and Fox, a combined studio spokesperson affirmed to Variety are associated with layoffs. The cuts are made especially for film staff, said a person with knowledge of the company.

It is unclear which additional departments could be affected. More information is expected after pink slips were handed out, another insider added. Last week, the studio cleared its release calendar and released numerous high-profile Fox projects, including dates for James Cameron's "Avatar" episodes and one-offs such as the Amy Adams thriller "The Woman in the Window."

The last On 21

March, there were significant layoffs when dozens of senior executives from 21st Century Fox rose in the first wave of presumably up to 4,000 layoffs on the units that Disney had acquired in the content area and on the Internet Receipts were given to new Fox Corp.

The layoffs are the human tribute to the merger that aims to strengthen Disney and help it compete in the rapidly changing media and entertainment market of the future. Disney has promised to achieve synergy savings of $ 2 billion by 2021. It is clear that much of this will result from job losses.


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