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Cinemablend
Cinemablend
Entertainment
Caroline Young

Fox News Layoffs Keep Coming In Wake Of $787.5 Million Lawsuit Settlement

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The fallout from Fox News’ $767.5 million settlement to Dominion continues to shake things up at the top-rated cable news organization, which was sued by the voting box company after peddling election fraud claims following the 2020 election. The settlement is a historic one, and according to Fox News employees, it's burning a metaphorical hole in the organization’s pocket. It appears the company is rectifying the situation with employee layoffs, and the latest reports point to many reporters falling victim to the large payout. 

According to employees who spoke to Rolling Stone, Fox News has laid off a group of journalists from its investigative unit, and it's claimed that the organization has nearly dissolved the entire unit at this point. Allegedly, this is a cost-saving measure to help balance the loss of funds being directed to the settlement with Dominion. But is that actually what's happening?

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