Cutbacks to hit Current, Trimming 30 positions
source: http://www.variety.com/index.asp?layout=print_story&articleid=VR1117995673&categoryid=18
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- WorldPeaceTV
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Much luck to you people and hope you find a job fast...its a hard one out there. Many companies cutting back..DHL the latest, now our current! oh gosh. when is it gonna stop!!! Anyway, here's the article....
Current Media confirmed Tuesday that it will cut 30 positions overall as part of a restructuring intended to better emphasize interaction between cable network Current TV and its website.
Founded in 2005 by Al Gore and Joel Hyatt as a TV network programmed with user-generated content, Current has eliminated a total of 60 positions across its San Francisco HQ, and New York and L.A. offices.
Some of those whose positions were eliminated were redeployed among 30 new roles that were created. Current has 410 employees after the staffing adjustments.
"These changes enable Current Media to reduce its cost structure, thereby assuring that it will be comfortably profitable in 2009 regardless of the depth and length of the recession," a company statement said.
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- groups:
- News and Politics, Culture
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- tags:
- News and Politics, Culture, Current TV, Current, 7 more
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- recommended by:
- ivxx
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unimatrix0
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People losing their jobs - that sucks big time.
- 4 years ago
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unimatrix0
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InformedTexan
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It's kinda bizzarre reading about current on current, while I'm reading it errors occur on the site I'm reading because of the effects described in the story I'm reading on this site...with its errors...
- 4 years ago
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InformedTexan
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bedeboop
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Noooooooo!!! Bring them back!! :(
- 4 years ago
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bedeboop
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TravG73
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Currently ripping up my resume.
- 4 years ago
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TravG73
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Future_America
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I wonder why Current isn't talking about this. It's ironic that a company who is in the information business isn't giving us information about this.
Maybe we can vote this story onto TV.
- 4 years ago
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Future_America
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ivxx
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Future_America:
They'll never let it... It'll just get buried like so many other great important posts...
Not even homepage
Never gonna happen
- 4 years ago
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ivxx
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cheakywillie
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hopefully
all who have lost their jobs will find new ones and keep the hope alive - 4 years ago
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cheakywillie
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AmyCrazy
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Would it kill you to look for identical posts before you rip off someone's story?
- 4 years ago
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AmyCrazy
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WorldPeaceTV
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AmyCrazy:
awwww...shucks! but it hardly works! matter of fact, there are even more of em posted here. the only sure way it works (not posting identical stories) is when its from the same news service..plus, sometimes they are posted exactly the same time. Maybe you can find some constructive criticism for these peeps....they deserve it! peace
- 4 years ago
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WorldPeaceTV
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huntre
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Having been the victim of a cutback, layoff, scale-down, downsize...whatever...all I can say is that I feel for those who will be out of work, however temporary.
That sense of loss sucks. - 4 years ago
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huntre
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csmonut
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Cutbacks everywhere.
I hope it stops soon.
Best wishes for those that have been part of the cutback. - 4 years ago
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csmonut
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pakazak
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very sorry to hear about the cutbacks.
anytime you lose a job it's a very personal issue. hopefully, with the experience gained at current, those departing will have some advantage as they move into a very tight employment market.
on the brighter side, it's a cut of about 7% which isn't too drastic in these difficult times. - 4 years ago
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pakazak
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KarlitoMosquito
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This makes me sad...
They better not get rid of anybody on Infomania! Brett, Connor, Amanda, Sergio and all the writers better be there on Thursday!
- 4 years ago
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KarlitoMosquito
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CalgarC
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oh no, al gore take officeand fix the problems hurry.
- 4 years ago
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CalgarC
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pokesmot
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Does that mean "The Love" ain't gonna make it!?
Hey just get Al to go get ig the "giving away money" line in D.C., he knows some one. Hire those folks back. - 4 years ago
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pokesmot
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nkeg87
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Love you guys.
- 4 years ago
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nkeg87
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WorldPeaceTV
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...and thanks for your hard work on current! peace out!
- 4 years ago
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WorldPeaceTV
