Disney, Fox layoffs hit TV distribution, home entertainment units

Ongoing layoffs at the Walt Disney Co. following its merger with Fox, which have so far affected only the studios’ film operations, have now hit the companies’ television distribution and home entertainment units. Pink slips have been issued to nearly 60 employees at both Disney (NYSE: DIS) and Fox, Deadline first reported. Among the high-ranking executives affected by the layoffs going into the Labor Day holiday are Greg Drebin, executive vice president of worldwide marketing for 20th Century Fox TV Distribution, and Jennifer Chai, senior vice president of worldwide marketing and strategy for 20th Century Fox Home Entertainment.

source https://finance.yahoo.com/m/fcc49d93-fb3d-3f16-927a-32e1d1d49315/disney%2C-fox-layoffs-hit-tv.html?.tsrc=rss

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