TVBizwire

Are Layoffs Ahead for Current Media? Nbcbayarea.com

Current Media, the cable channel and Web site co-founded by former Vice President Al Gore, may be about to lay off more of its San Francisco-based employees, reports nbcbayarea.com, citing a “source familiar with its plans.”

The layoffs would come as part of a plan to move video production to Los Angeles, or outsource it entirely.

Last year, the company had a staff reduction of about 60 employees or 15% of the staff.

The company didn’t return a call for comment, the site said.

--Elizabeth Jensen

Leave a comment