Posts tagged Time Staff

Updated: Current TV not immune to traditional media’s woes with 80 layoffs

Nov 12th

Current Media is at the axe for the second time, laying off 80 employees as it plans to outsource more of its programming. Despite its new-media upbringing, the company co-founded by Al Gore isn’t immune to the struggles of its predecessors. It shelved plans for an IPO to raise as much as $100 [...]

100 Million, Acquisitions, Al Gore, Axe, Cancelations, Co Productions, Coo, Cost Cutting, Current Tv, Drake, Joanna, Layoffs, Mark Rosenthal, Mtv Networks, Necessary Decision, Predecessors, Television Programming, Time Staff, Upbringing, Woes

Current TV not immune to traditional media’s woes with 80 layoffs

Nov 11th

Posted by gizmodose in Hi Tech News

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Current Media is at the axe for the second time, laying off 80 employees as it plans to outsource more of its programming. Despite its new media upbringing, the companyÂ co-founded by Al Gore isn’t immune to the struggles of its predecessors. It shelved plans for an IPO to raise as much as $100 [...]