Fox Entertainment Cuts 30 Jobs in Major Restructuring

The layoffs are part of a strategic realignment to enhance efficiency and focus on growth.

Fox Entertainment has restructured its operations into three main groups: Fox Television Network, Fox Entertainment Studios, and Fox Entertainment Global.
CEO Rob Wade emphasized that the layoffs were necessary to align business operations and are not a reflection of individual performance.
The job cuts come amid broader industry challenges, with traditional TV networks facing declining viewership and ad revenue.
Other media companies like Warner Bros. Discovery and Paramount have also implemented significant layoffs recently.
Fox Entertainment aims to invest more in original content and strengthen its position as a global studio and distributor.