Major Staff Cuts at National Geographic
Reduction cuts at least 9% of staff between voluntary and involuntary separations.
21st Century Fox is scheduled to acquire a majority stake in the National Geographic Society and Channels come mid-November and will form National Geographic Partners, but today the 127-year-old brand trimmed some fat before the deal closes. National Geographic, which includes its Society, National Geographic Channels and National Geographic Channels International, will be reducing its combined staff of 2,000 employees by 9% with involuntary cuts, as well as offering purportedly generous packages to longtime employees who wish to take buyouts now.
News of the staff reductions broke Tuesday morning, after a letter from President and CEO of National Geographic, Gary Knell, stating the following, was released publicly:
To all NGS Staff:
After very careful and serious consideration, we are ready to communicate how our restructuring and transformation will affect each employee at National Geographic. To that end, please make every effort to be available tomorrow, November 3rd, either in your regular work location, and/or by phone.
If you are traveling for business, on vacation or plan to be out for any other reason, please notify Tia Freeman-Evans or Yvonne Perry in HR immediately, so we can make alternative plans to get in touch with you. If you know that someone on your staff will be out of the office on November 3rd, please let Tia or Yvonne know by 3 p.m. (Eastern) today, as well.
Please watch your inbox for important information about your employment status tomorrow.
I cannot thank you enough for your patience and hard work over the last few months. I am proud of how our teams and our organization have approached and responded to this transitional period. Looking ahead, I am confident National Geographic’s mission will be fulfilled in powerful, new and impactful ways, as we continue to change the world through science, exploration, education and storytelling.
As of 4:30 p.m. ET, all employees were notified of their status and eligible employees were offered voluntary separation packages to consider.
Reorganization was expected after Fox invested $725M in National Geographic, which secured a 73% stake. Declan Moore is slated to head up National Geographic Partners once the partnership is completed.
Folio: sister publication min has confirmed this information with a spokesperson at National Geographic. The spokesperson emphasized that the decision was strategic and necessary given some natural organizational redundancies.