Disney & Fox Assets Hit With Another Round Of Layoffs

DEVELOPING …Just under two months after the Walt Disney Company officially took control of the majority of Fox’s film and TV assets in a seismic $71.3 billion deal, another round of lay-offs are slicing through Burbank and over on Pico Boulevard.

A Disney spokesperson has confirmed to Deadline that people are being pink-slipped but gave no further details.

However, sources inform us that the cuts are wide-spread across Walt Disney Studios. At the same time we also hear that the latest round of cuts look to be more extensive that the previous layoffs that have occurred since Disney formally acquired the Fox assets on March 19.

As individuals are being informed today, most of the actual exits look to be timed for early June. While particular employees of the now melded companies may be losing their jobs, no single department is being wiped out, it seems.

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The layoffs today follow yesterday’s news that majority stock holding Disney had taken over day-to-day running of Hulu. Later on Tuesday,  Disney-owned ABC anchored the Bob Iger-run company’s sprawling Upfronts presentation in NYC. An event, which saw former Fox outlets like FX and Nat Geo sharing the afternoon presentation with Jimmy Kimmel and ABC Entertainment boss Karey Burke. Sitting in the Lincoln Center front row, as all the talk of brands and a greater reach were bandied about, were Iger and the corporate brass


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