×
You will be redirected back to your article in seconds

National Geographic To Lay Off Under 10% of Staff

National Geographic, the storied exploration foundation that is set to become a majority-owned unit of 21st Century Fox in November, is expected to lay off “less than 10%” of its 2000-employee workforce, the soon-to-be parent company said in a statement Tuesday.

“The entities combined have about 2,000 employees, and all staff have been advised as to their status as of closing. Involuntary separations will represent less than 10% of the overall workforce reduction, many in National Geographic Society shared services and a voluntary separation offer has also been made to eligible employees,” 21st Century Fox said in a statement.

Fox and National Geographic in September unveiled a deal that would make the non-profit, known for its yellow-bordered magazine and non-fiction-based cable networks focused on exploration, nature and animals, a for-profit venture that is 73% owned by the media company.

Under the $725 million deal, The National Geographic Society will own 27% of the combined venture. The pact  is slated to close in mid-November.  The Society is to continue as a non-profit, with an enhanced endowment of nearly $1 billion – said to be double the current amount.

The layoffs will affect the unit’s media properties minimally, according to a person familiar with the matter. This person put the size of the employee base affected at around 9%.

At the time of the deal’s announcement, James Murdoch, chief executive of 21st Century Fox, said in remarks to National Geographic that  the pact created “an expanded canvas for the National Geographic brand to grow and reach customers in new ways, and to reach new customers.”

More TV

  • Tim Roth Series ‘Tin Star’ Gets

    Tim Roth Series ‘Tin Star’ Gets Third and Final Season on Sky

    Tim Roth will star in a third and final season of “Tin Star,” the Sky original drama. Like earlier seasons, it will play on Amazon outside the U.K. Genevieve O’Reilly and Abigail Lawrie also return in the final chapter of the story, which is produced by Endemol Shine’s Kudos alongside Gaumont U.K. Rowan Joffe created [...]

  • Little Mix Star Jesy Nelson Making

    Little Mix's Jesy Nelson Making BBC Documentary About Mental Health and Body Image

    Little Mix star Jesy Nelson is making a one-off documentary for the BBC in which she will explore issues surrounding body shaming and mental health in the age of social media. “Jesy Nelson: My Story” will launch on the BBC’s youth-skewed online channel BBC Three and then play on BBC One. Girl band Little Mix [...]

  • MMA Alters Faces of Asia Sports

    MMA Alters Faces of Asian Sports Broadcasting

    Bruce Lee was ahead of the curve by about four decades when he predicted back in the early 1970s that combat sports would one day take the world by storm. Hong Kong’s favorite son had encouraged his own students to mix up the styles of martial arts they were being trained in — to combine kung fu [...]

  • Variety Kit Harington Game of Thrones

    Kit Harington on How 'Game of Thrones' Mirrors Real-World Politics

    In Variety‘s March 19 cover story, Kit Harington opens up about the final season of “Game of Thrones” and growing into adulthood as part of the biggest show on television. In a conversation in London in December, Harington opened up about the similarities between the series’ politics and our own. “I think it’s always been about [...]

  • Chris O'Dowd

    TV News Roundup: Chris O'Dowd to Star in 'Twilight Zone' Episode

    In today’s roundup, The CW has released two clips from the upcoming “Riverdale” special “Heathers: The Musical,” and Chris O’Dowd will star in an episode of “The Twilight Zone.”  CASTING Chris O’Dowd will star in CBS All Access’ rebooted “The Twilight Zone” episode titled “The Blue Scorpion.” The series will premiere with two episodes on [...]

  • Kevin Tsujihara

    Kevin Tsujihara's Ouster Kicks Off a Week of Major Disruption in the Media Business

    The sudden ouster of Warner Bros. Entertainment chief Kevin Tsujihara kicked off what is likely to go down as one of the most extraordinary weeks in Hollywood history, spelling enormous turmoil and transition across the media landscape. In addition to the news about Tsujihara, which comes amid a wider shake-up of leadership at AT&T’s WarnerMedia, [...]

More From Our Brands

Access exclusive content