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


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.