Thread regarding Univision layoffs

Despite revenue increases and growing #1 shares - they use Corona as an excuse to do mass layoffs

Despite revenue increases of 8% for the quarter and growing #1 shares across multiple networks - they use Corona as an excuse to do mass layoffs to show the new owners how profitable the company is. In the process they have nixed some of the best content generation talent they have had in over a decade and ignored the 3-fold+ RoI in revenue generated by those teams. Now it's going to be back to recycled, dated, old content and resuming the ratings slump. Real smart, guys!

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