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Layoffs hit Al Gore's Current Media
There have been layoffs at Current Media, the cable network co-founded by former U.S. Vice President Al Gore.

A statement from Current put the number of layoffs at about 60 positions, with 30 more to be refilled, the company said in a statement. That's less of a hard hit than the 20 percent cuts that a source close to Current hinted to CNET News on Tuesday. The statement read: "Approximately 60 positions have been eliminated in the company's three U.S. offices, and approximately 30 new positions created," the statement read.

The source also said additional layoffs would be coming in January, which a Current representative denied
Posted by: Frank G 2008-11-12
http://www.rantburg.com/poparticle.php?ID=254981