Fox Entertainment will lay off 30 employees due to operational restructuring

Fox Entertainment has unveiled a restructuring of its operations, including layoffs for about 30 employees.

“While there are many exciting aspects of realizing our path forward, one of the most difficult phases in any reorganization is recognizing where layoffs exist and how changing priorities impact our team,” wrote Rob Wade, CEO of Fox Entertainment, in a reorganization accessible to all employees. e-mail. “Today we informed a number of our colleagues that their jobs were affected by the restructuring process. This step was solely about aligning our business operations, ambitious growth strategies and the dynamics of our contemporary industry.”

He continued: “As we grow the business more efficiently and effectively, we open the door to incredible opportunities with creativity at the continued center of it all. As we complete our restructuring, I am confident we have the team in place to achieve remarkable things as we continue to invest in original entertainment and strengthen our position as a global studio and distributor.”

2024 has sparked downsizing efforts across the industry as Hollywood recovers from COVID-19 and last year’s twin WGA and SAG-AFTRA strikes. According to an insider source, Warner Bros. Discovery on Tuesday laid off nearly 1,000 employees across the financial, corporate, production and streaming sectors.

On May 31, Disney completed its goal of 7,000 layoffs, making heavy cuts to its media departments while leaving the parks largely alone. The Mouse House also plans to cut more jobs internationally over time, according to a source close to the situation. Pixar also unleashed a wave of layoffs ten days earlier, laying off 175 employees, or 14% of its workforce.

Among the prominent executives affected is Les Eisner, longtime senior vice president of corporate communications at Fox Entertainment. The industry veteran has served in the role since 2016, and during his first stint at Fox from 2004 to 2007, Eisner led communications for Fox’s Twentieth Television syndication division.