UPDATE: I’ve confirmed that MySpace has just sacked a bunch of staff from many divisions, including its Comics division. It’s supposed to be comforting that all the layoffs at Fox Interactive Media amount to less than 5% of the overall workforce there in MySpace, FoxSports.com, IGN, and PhotoBucket. I’m told the layoffs started a couple weeks ago, today was MySpace’s turn, and more are coming company-wide. FIM also has open positions, so HR will be trying to figure out if any of the laid off employees can fill these jobs elsewhere in the company. Right now, there are no Fox film or TV layoffs anticipated because I’m told that the studio reduced overall operating expenses by $400 million for this fiscal year (July to July) “all with the goal of mitigating company-wide layoffs,” my source says.
Layoffs At MySpace In Comics Division; No Fox Film Or TV Staff Cuts Coming Yet
What's Hot on Deadline
'Kingsman: The Golden Circle' Ropes $39M; 'Ninjago' Dulls Sword To $20M+; 'Friend Request' A Loner With $1.8M
Divorce Comedy With Royal Family Twist From Meghan Markle's Ex-Husband Trevor Engelson Set At Fox With Big Commitment