Current Media, the Cable TV Network co founded by former Vice President Al Gore, announced that it was cutting 80 jobs as part of a global restructuring. This will bring the San Francisco based company to a total of approximately 300 employees. As part of the restructuring, the company will also shift its [...]
Continue reading...Wednesday, February 4, 2009
Time Warner Cable will cut nearly 3% of its workforce, but forecast 2009 profits near the high end of expectations. Shares of the number two US cable service provider rose 3.4% after it also reported higher-than-expected Q4 profits. The New York-based company lost more than 119,000 basic video subscribers in the quarter, and sold 175,000 new services. The [...]
Continue reading...Thursday, January 29, 2009
The Walt Disney Company’s television unit will eliminate 400 jobs from its work force of 7,000, as part of a cost-cutting effort to deal with the economic meltdown. The job cuts will affect all the departments of the Disney-ABC Television Group. Disney-ABC did not release any specific breakdown of the job cuts, although 37 news jobs [...]
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Wednesday, November 11, 2009
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