The Traderszone Network

Published in TZ Latest News 1 February, 2016 by The TZ Newswire Staff

Fox to offer employees buyouts to save $250 million in costs

“Some colleagues from Fox Networks Group and 20th Century Fox will be offered a generous benefit package if they opt to voluntarily leave the company,” a Fox spokesperson said in an e-mailed statement on Monday. Fox’s shares were up about 0.6 percent at $27.12 in late afternoon trading.