Jack Dunn Fox Entertainment has unveiled a restructuring of its operations that includes layoffs for about 30 staffers. “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,” Rob Wade, CEO of Fox Entertainment, wrote in an all-employee email. “Today, we informed some of our colleagues that their jobs were impacted by the restructuring process.
This step was solely related to aligning our business operations, ambitious growth strategies and the dynamics of our industry today.” He continued, “As we evolve the business to be more efficient and effective, we open the door to incredible opportunity with creativity as the enduring center of it all.
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.” 2024 has brought downsizing efforts across the industry as Hollywood recovers from COVID-19 and last year’s dual WGA and SAG-AFTRA strikes.
On Tuesday, Warner Bros. Discovery laid off nearly 1,000 employees across finance, business affairs, production and streaming sectors, according to an insider source.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.