National Geographic Channel’s Company Decided To Fire 9% Of Its Staff Before Rupert Murdoch Makes Layoff Plans
Announced on November 3, the National Geographic Society, who manages the National Geographic Channel, has fired about 9 percent of its staff in an effort to save other employees who could potentially be laid off by 21st Century Fox.
Out of the Society’s 2,000 total staff, 180 people reportedly got laid off following the announced merger with Fox, a company founded and owned by Rupert Murdoch.
On top of the estimated 180 workers, an unstated number of employees are set to receive buyout offers.
“I think we were able to offer a very generous severance packages,” Gary Knell said via Washington Post report.
Knell, chief of the non-profit National Geographic Society, has also said on Wednesday that the organization decided to act ahead before Murdoch’s Fox could make a move on who to dismiss when the $725 million deal gets finalized on November 16, eventually protecting other employees.
The company-wide layoff created concerns from all departments of the National Geographic Society. To ease the situation, Rupert Murdoch tweeted that the organization is in a “fine shape,” TheWrap reported.
“Editorial staff, leadership firmly in place,” Murdoch said.
A veteran National Geographic Society executive, Declan Moore, reportedly said four workers have lost their employment at the National Geographic magazine and in its digital newsroom.
However, dozens of staff from different departments (legal, accounting, personnel and technology, and others) are expected to be laid off under the new partnership with 21st Century Fox.
As for those who received a buyout, some were disappointed. One employee said the one-week timeframe to make a decision was not enough.
“That’s not much time to get ducks in a row. We’re all poring through [the offer] trying to make sense of it,” a staff said.
While many did not understand why the Society has decided to create the largest layoff in their company history, the organization has been experiencing financial difficulties last year, with a revenue decline of about 5 percent.
There were also growing debt, pension, and tax obligations.
Under the partnership with 21st Century Fox, Gary Knell said the National Geographic Society expected more profits through scientific, educational, and exploration ventures.
Photo source: Facebook|“National Geographic Channel”