Oprah Winfrey Responds To Company Layoffs, Says It Was Necessary For Business

20
Mar

Oprah Winfrey’s OWN network has been dealing with the ratings struggle since in inception 15 months ago. As a way to get out of the red, the CEO let go of some 30 employees today as part of a network wide “restructuring effort”.In a statement, the chief executive, Oprah herself, said:

“It is difficult to make tough business decisions that affect people’s lives but the economics of a start-up cable network just don’t work with the cost structure that was in place. As CEO, I have a responsibility to chart the course for long-term success for the network. To wholly achieve that long-term success, this was a necessary next step.”

Similar to Rosie’s recent layoff,  the network let the employees know face-to-face about the circumstances behind loosing their jobs.

Erik Logan, longtime Harpo worker and current OWN president, added:

“We have been on the air for 15 months, and since September we have gained momentum in ratings and viewership. Restructuring our business will allow us to build a solid foundation for long-term growth.”

Sounds like some politically correct hoo-ha to us.

Of course, MSDTV will keep you posted. Stay Tuned.

 

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