National Geographic is laying off 9% of its 2,000 employees as it prepares to finalize its “expanded partnership” with 21st Century Fox, a $725 million deal that turns the iconic yellow-bordered magazine into a for-profit publication. The roughly 180 layoffs reportedly represent the largest reduction in the 127-year history of the Society. NPPA reports that […]
National Geographic Lays Off 9% of Staff to Begin Its New Life Under Fox
PetaPixel - 4 Nov 2015 18:03
National Geographic is laying off 9% of its 2,000 employees as it prepares to finalize its “expanded partnership” with 21st Century Fox, a $725 million deal that turns the iconic yellow-bordered magazine into a for-profit publication. The roughly 180 layoffs reportedly represent the largest reduction in the 127-year history of the Society. NPPA reports that […]
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