70 more jobs axed at Foxtel
Following a number of job losses over the last few months and a number of stand-downs related to COVID-19, pay TV provider Foxtel has cut another 70 jobs in a new restructuring.
The marketing and creative divisions of both Foxtel and Fox Sports have been the target of the cuts. Foxtel has said the changes were part of an ongoing change in the business to ensure its viability in a new media landscape.
“We have made more tough decisions this week which will see around 70 people from our marketing and creative team leave Foxtel,” said a Foxtel spokesperson.
“These are changes we had to make to face up to the impacts of COVID-19 on our business and a very different future for everyone involved in the media, entertainment and sporting industries.
Foxtel and Fox Sports merged teams in 2019 and the two businesses have faced a number of job cuts since then as roles are combined and the internal creative spend is reduced.
200 employees were made redundant in the last announcement and a further 140 stood down until the end of June. Foxtel parent company News Corp has been working with consultancy firm Deloitte to help the business streamline its operations.
The cutting of live sport due to the coronavirus pandemic has had serious repercussions on the broadcasters of live sport, including Fox Sports. The NRL is now set to return at the end of May, although that could be subject to change and the payment terms with its broadcasters, including Fox Sports, have not yet been confirmed.
Foxtel is currently also reviewing its deal with Cricket Australia and the AFL.
This has become so normal there aren’t even comments about it anymore!
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No doubt these employees were guaranteed their jobs like all the others, before a total backflip.
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