Fox Offering Benefit Packages As It Cuts $250m | Film News – Conversations About Her

Fox Offering Benefit Packages As It Cuts $250m | Film News

Conversations About Her

Fox Offering Benefit Packages As It Cuts $250m | Film News

FOX_wordmark.svg

 

Troubling news from 21st Century Fox today, the company saying that they are to offer benefit packages to any employee who voluntarily resigns. The Rupert Murdoch-controlled film and TV Company is targeting to cut  $250m in costs in the fiscal year to 2017, the company having 20,500 employees as of June 2015.

 

A spokesperson said in an emailed statement:

 

“Some colleagues from Fox Networks Group and 20th Century Fox will be offered a generous benefit package if they opt to voluntarily leave the company,”

 

The cuts are primarily aimed at two major divisions of 21st Century Fox.

 

#Peace.Love.Fox

Share Button

Have your say....

comments