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Staffers depart as Univision restructures English-language division

Photo credit should read ROBYN BECK/AFP/Getty Images

Univision is eliminating some roles, including Fusion Media Group CEO Felipe Holguin, as it integrates its English-language assets.

Why it matters: According to sources within the company, the move is part of plans to restructure its business in light of a cancelled IPO, which was triggered by difficult market conditions that have led to consolidation within the industry.