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Layoffs at Current TV

November 12, 2008 by Veronica Villafañe

The cable network co-founded by former U.S. Vice President Al Gore has been hit by the layoff wave. Current Media announced the elimination of 60 jobs. A source told CNET additional layoffs are coming in January. A Current rep denies this.

Current had announced this week that it partnered with the CBC to bring the network to Canada. Meanwhile, the company’s plan for an IPO is on hold.

It’s expected there will be a change in the programming format of the experimental network, which up until now focused on indie and amateur material. Current TV launched in 2005.

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Filed Under: TV & Radio Tagged With: Current TV, layoffs

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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Currently a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

Hispanic media and entertainment contributor to Forbes.

Full bio here

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