We Feel Your Pain. Really. We Do.
Posted on | February 3, 2010 | 4 Comments
Earlier that morning, CBS News executives and bureau chiefs, led by senior vice president Linda Mason, told their employees that 2009 had been a disastrous year in the ad market. They had no cable operation to buoy the sinking revenues. It’s not you, was the message, it’s us. Dozens of employees — including staff members in D.C., San Francisco, Miami, London, Los Angeles and Moscow — were being let go. The changes were effective immediately. There would be no buyouts. According to one longtime staff member, the network had long ago negotiated away most of the severance clauses in staff members’ contracts.
But in the end, the cuts were surprisingly deep. By Monday afternoon, staffers from Washington to L.A. were sputtering in disbelief as they heard of top producers on the chopping block.
“Add these to the jobs not saved category.” I think I just heard General Westmoreland‘s ghost laughing at that joke.
Comments
- http://www.thats-right.com/ thatsright
- http://www.thats-right.com/ thatsright
- http://www.medary.com filbert
- http://www.medary.com filbert
