Fox News will lay off staff in a reorganization and restructuring of its businesses. “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,” a Fox News spokesperson told The Hollywood Reporter in a statement.
No on-air talent are expected to be impacted by the changes., and less than 3 percent of staff will lose their jobs in the reorg.
Fox News' parent company Fox Corp. employees about 9,000 people, and has been reorganizing its businesses by division. In July, Fox Sports laid off between 50-100 people in a similar move to "streamline" operations.
Read more on hollywoodreporter.com
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