MEDIA SQUEEZE: Univision Said to Cut Up to 250 Employees
Univision Holdings Inc., the largest Spanish-language broadcaster in the U.S., is firing as many as 250 employees as it combines recent digital media acquisitions, according to a person familiar with the matter.
The layoffs will include cuts at Fusion, which targets millennial audiences in English and Spanish on cable TV and online, said the person, who asked not to be identified disclosing the scope of the cuts. Univision employed about 4,000 people as of March 31, according to filings. – READ MORE