National Geographic Lays Off 9% of Staff

From Photo District News:

"National Geographic has confirmed that 9 percent of their 2,000 employees (approximately 180 people) are being laid off, less than two months after the National Geographic Society announced that 21st Century Fox had acquired a controlling stake in the magazine and other media assets for $725 million. There is no word yet on how many people in National Geographic’s photography department have been affected. One photo editor for the magazine, Sherry L. Brukbacher, confirmed on Twitter that she was among the “many” let go today. In addition to the staffers being laid off, the company is offering buyouts to an unknown number of longtime employees."