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Dismissal in Disney is "commonplace" affecting both Disney and Fox Studios – Report



When Disney announced that its deal to purchase the entertainment assets of most Fox for $ 71 billion was closed, CEO Eger stated in his note that it would be an "integration process". Some media reported that "some thousand" jobs would be lost.

According to The Hollywood Reporter, the last round of dismissals took place this week. Job cuts are described as "widespread" and affect Disney studios. There is no word about how many employees were affected by contractions, which reportedly touched Disney and Fox studios.

Officially, Disney has not commented. about $ 9 billion for the purchase of Comcast shares in the streaming site Hulu. Disney already owns two-thirds of Hulu, and Disney now buys the rest of the stock to take full ownership.

THR points out that Disney has a number of financial costs ahead of it, including further investment in content and programming for its competitor Netflix Disney +. Not only that, but Disney is reportedly spending around $ 24 billion over the next nine years to upgrade its theme parks and cruise lines.

As of September 30, Walt Disney Company had over 201

,000 employees and this was before the Fox deal closed

As part of the acquisition of Disney for most Fox assets, he gets Deadpool, X-Men, The Simpsons, Family Guy and many others, as well as a series of television networks and film studios. This is one of the largest mergers in the history of entertainment business.

Immediately after Disney's acquisition of Fox is closed, the company shut down Fox 2000. The film studio has released films such as The Devil Wears Prada, The Fault in Our Stars, The Man During the Fire, and the Oscar nomination, hidden figures.

Fox will live in a limited number, with the new company – Fox Corporation – operating units such as Fox News Channel, Fox Sports and other television networks. .


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