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Fox News Media Trims Staff Amid Business Restructuring – Deadline

Fox News Media said that it was restructuring some of its divisions, with a reduction of its workforce by less than 3%.

As Fox News Media has evolved into a streamlined multi-platform organization, we are realigning several functions and restructuring various divisions in order to position all of our businesses for ongoing success, the network said in a statement Wednesday.

No on-air talent is impacted by the staff reductions.

The changes were made after an assessment of how to streamline various departments including those which have duplicate functions. In 2017, the network formed a media production group to streamline the Fox News and Fox Business graphics and media production department.

A source with knowledge of the matter said t…

Read the full article at: https://deadline.com/2020/09/fox-news-layoffs-restructuring-1234577833/

Category: RestructuringBy Insolvency Advisory AccountantsSeptember 16, 2020

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Fox News Media Trims Staff Amid Business Restructuring – Deadline

Fox News Media said that it was restructuring some of its divisions, with a reduction of its workforce by less than 3%.

As Fox News Media has evolved into a streamlined multi-platform organization, we are realigning several functions and restructuring various divisions in order to position all of our businesses for ongoing success, the network said in a statement.

No on air talent is impacted by the staff reductions.

The changes were made after an assessment of how to streamline various departments, including those which have duplicate functions. In 2017, the network formed a media production group to streamline the Fox News and Fox Business graphics and media production department.

A source with knowledge of the matter said that the c…

Read the full article at: https://deadline.com/2020/09/fox-news-media-trims-staff-amid-business-restructuring-1234577833/

Category: RestructuringBy Insolvency Advisory AccountantsSeptember 16, 2020

Post navigation

PreviousPrevious post:I worked with a zombie – BlueNotesNextNext post:945 youths declared bankrupt, January-July – The Malaysian Reserve

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