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Layoff's begin at 20th Century Fox after Disney Merger

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  • Layoff's begin at 20th Century Fox after Disney Merger

    From Hollywood Reporter: (https://www.hollywoodreporter.com/ne...closes-1195834) Senior leadership in marketing and distribution is being hit hard.
    Layoffs brought about by Disney's $71.3 billion acquisition of most of the assets of the former 21st Century Fox commenced on Thursday.
    Longtime 20th Century Fox film president of domestic distribution Chris Aronson was informed in the morning that he won’t be joining Disney. He has been given 60 days' notice, sources tell The Hollywood Reporter.
    By early afternoon, others in top leadership roles at the film studio were handed pink slips. President of worldwide marketing Pamela Levine, co-president of marketing Kevin Campbell and chief content officer Tony Sella were informed they are likewise out.
    Layoffs brought about by Disney's $71.3 billion acquisition of most of the assets of the former 21st Century Fox have begun.
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  • #2
    It was inevitable that layoffs were coming,as it happens after every merger. I'm just surprised it's hitting executives as well. It reminds me of the time when DLR laid off numerous VPs, a few years back.

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