National Geographic Society sets biggest layoff in its history
Source: Washington Post
November 3 at 4:22 PM
The National Geographic Society of Washington will lay off about 180 of its 2,000 employees in a cost-cutting move that follows the sale of its famous magazine and other assets to a company controlled by Rupert Murdoch.
The reduction, the largest in the organization’s 127-year history, appears to affect almost every department of the nonprofit organization, including the magazine, which the society has published since just after its founding in 1888. The reduction also will affect people who work for the National Geographic Channel, the most profitable part of the organization. Several people in the channel’s fact-checking department, for example, were terminated on Tuesday, employees said.
The National Geographic Society said “involuntary separations” will represent about 9 percent of its workforce. In addition, buyout offers have been made to an undetermined number of employees.
In September, the organization sold the magazine and its stake in the National Geographic cable TV channel, as well as other media properties, for $725 million to a for-profit partnership controlled by 21st Century Fox. The society will have a 27 percent stake in the partnership, called National Geographic Partners; Fox — a company controlled by Murdoch and his family — will own the balance.
Read more: https://www.washingtonpost.com/lifestyle/style/national-geographic-society-sets-biggest-layoff-in-its-history/2015/11/03/2966e1b4-8252-11e5-a7ca-6ab6ec20f839_story.html
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... what other scientific institutions and media are in the hands of our good friends on the right? 
I'm way past fed up with this monopolistic empire which has no checks and balances on monopolies. Talk about breaking up the banks, how bout breaking up this monopoly? Anti-trust investigation? Not here.
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