The article mentioned that Fox Searchlight was set to survive the acquisition.
I get that people care about other people losing jobs and the main Fox studio disappearing. Murdoch apparently wanted to sell so a merger became inevitable. It is sad. But I also think it's weird that people care about stagnant franchises like Die Hard and Alien, franchises that peaked with the first movie and have been running on fumes since the 90's. Do you guys really want to see the planned Die Hard: Year One misguided prequel in the works? Or the next Prometheus?
Lastly, as a fan of the X-Men it is incredibly exciting to think of the possibilities of the MCU handling that franchise. Also, the X-Men are a huge undertaking and surely that will require jobs for other people in the movie industry.