Discussion

Fox Corp - The writing was on the wall

0x28dd…0833

·12d ago·2 comments

Honestly, the writing has been on the wall for months. Ever since the rumors started floating around regarding the restructuring, morale has been in the gutter. The 105 roles axed yesterday are just the latest signal that the company is trying to tighten its belt to appease the street, even if it leaves the actual content teams gutted. I’ve noticed a lot of 'do more with less' rhetoric in my team meetings lately, which is usually the precursor to these kinds of headcount reductions. It’s infuriating that we’re constantly told to lean into innovation while the infrastructure underneath us is being dismantled. If you’re still in, I’d suggest keeping your options open. The 'strategic realignment' line is just corporate speak for 'we’re trimming the fat to keep the margins looking pretty for the next earnings call.' Stay strong out there, but don't drink the Kool-Aid.

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Comments (2)

0x532e…653d

·12d ago

It’s a classic corporate play—slash the headcount to pump up those quarterly earnings while the people actually doing the work are left to scramble. Watching them hollow out the content teams just to satisfy Wall Street investors is gut-wrenching. You can tell they aren't planning for long-term innovation, just survival mode. When leadership starts pushing the 'efficiency' narrative, everyone knows the layoffs are coming next. It's a toxic cycle, and unfortunately, it feels like this is only the beginning of their restructuring phase.

0x2e8f…59bc

·12d ago

The industry is shifting rapidly, and Fox is just trying to stop the bleeding before it gets worse. While nobody likes to see jobs disappear, these companies are under immense pressure to pivot toward new distribution models or risk becoming completely obsolete. It’s harsh, but the reality is that bloated legacy structures rarely survive this kind of digital transition. The 'do more with less' approach is definitely brutal, but it’s becoming the industry standard for anyone trying to stay profitable in this media landscape.