will undergo a sweeping reorganization this week under new CEO Daniel Alegre, including layoffs impacting a mid to high single digit percentage of employees. Alegre aims to strengthen the company for future growth and innovation.
will undergo a sweeping reorganization this week under new CEO Daniel Alegre , as the Spanish-language media giant seeks to turn around its business in a challenging media environment.
“I understand that this will be a challenging week, but I ask for your focus and resilience as we take these important steps toward a stronger and more connected future,” Alegre wrote. “Together, we are building a company positioned for sustained growth, innovation, and leadership.”Wade Davis in September, also announced his senior leadership team, which will centralize the structures for a number of key business units.
Local content will now fall under the leadership of Ignacio Meyer, who will also add oversight of audio while continuing to run U.S. linear programming. “José Luis will ensure that our content investments align with our company’s reach, engagement, and monetization goals, and are distributed efficiently across all platforms worldwide with the right windowing strategy,” Alegre wrote. “This is an exciting opportunity to elevate how we deliver world-class content to our global audiences.”
Reorganization Layoffs Media Company Daniel Alegre Leadership Team
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