Looking to cut costs after it experienced a rough third quarter, Univision Communications plans to give out between 200 and 250 pink slips.
The company—which owns Fusion, The Root, Gizmodo Media Group (GMG) and more—wants to cut about six percent of its workforce. The Washington Post reports that the cuts will mostly impact staffers at Fusion. GMG employees will not be let go.
The cuts also come with some restructuring, as Fusion and The Root will now operate under the GMG umbrella.
John Cook, who previously served as editor of GMG, is taking on a new role overseeing an investigations team.
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