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| Home Front: Culture Wars |
| Dupe entry: Univision To Lay Off 200 Employees |
| 2016-11-16 |
| Too bad Jorge Ramos isn't leading the charge out the door. The Spanish-language media giant Univision Communications will lay off almost 6 percent of its workforce -- between 200 and 250 people -- after it slipped into the red last quarter, the company announced Wednesday. The layoffs, along with a planned restructuring, "are in response to difficult times, challenging times," Isaac Lee, Univision’s digital, entertainment and news chief, told The Washington Post in his first public comments on the moves. "We need to position ourselves for the future." Univision had a third-quarter net loss of $30.5 million, on total revenues of $735 million, down 8 percent. Congratulations - you're now a non-profit entity! |
| Posted by:Raj |
| #6 Well, they did get Gawker on the cheap, then terminated it |
| Posted by: Frank G 2016-11-16 18:55 |
| #5 Sorry - I missed P2K's earlier post in my zeal to dump on Jorge Ramos. |
| Posted by: Raj 2016-11-16 18:18 |
| #4 They do have some legs in the newsroom that can replace the over priced teleprompter reader over at Fox at a fraction of the price. |
| Posted by: Procopius2k 2016-11-16 17:52 |
| #3 Why don't the Koch brothers start up media company or two and provide non-partisan news. Seems a gap has developed in the standard lineup. |
| Posted by: rjschwarz 2016-11-16 15:24 |
| #2 Didn't Univision go all in to defeat Trump? Serves them right when a media outfit picks sides they deserve to lose. |
| Posted by: rjschwarz 2016-11-16 15:24 |
| #1 We need to position ourselves for the future." Maybe you could leverage your corporate synergies. Or DIVERSITY! As for Ramos, seeing him frogmarched out of a Trump presser was reason enough to vote for The Donald. |
| Posted by: SteveS 2016-11-16 14:39 |