By Meg James
latimes.com
March 19, 2019
Tuesday marks the first day of trading for the new company, and comes amid high anxiety on the Fox lot in Los Angeles because of the anticipation that more than 3,000 jobs will eventually be eliminated as part of Disney’s consolidation of the remaining Fox assets, two people familiar with the matter said. Most of the affected positions are in Los Angeles.
Fox alerted the employees whom it planned to retain in December. Disney has already identified key executives who will make the switch but must still decide in the coming days and months who will be integrated into the expanded company.
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