A Sad Day At Fox Interactive - No More Free Lunches
Don’t expect big layoffs at MySpace parent company Fox Interactive Media any time soon. In an email to all staff on Friday, Fox Interactive chief Peter Levinsohn says that 2009 will be an "even rockier economic climate" and takes steps to reduce costs. Chief among the changes - the end of the free lunch program for all employees.
Levinsohn also says he has avoided a hiring freeze. But if you are a contractor or temporary employee, watch your back and steal those office supplies now. Shortly after returning from the holidays you may find yourself being walked out of the building.
The memo also details the successes of FIM companies over the year (MySpace, IGN, Rotten Tomatoes, Photobucket, Fox Sports, etc.).
The full memo is below:
With the end of the calendar year approaching, I want to take a moment to thank everyone for making 2008 a year full of milestones and accomplishments for all of FIM’s businesses. In spite of a challenging economic environment, the last twelve months have produced some great results, none of which would have been possible without your dedication and hard work.
