You will be redirected back to your article in seconds

Cutbacks to hit Current

Company to trim 30 positions

Current Media confirmed Tuesday that it will cut 30 positions overall as part of a restructuring intended to better emphasize interaction between cable network Current TV and its website.

Founded in 2005 by Al Gore and Joel Hyatt as a TV network programmed with user-generated content, Current has eliminated a total of 60 positions across its San Francisco HQ, and New York and L.A. offices.

Some of those whose positions were eliminated were redeployed among 30 new roles that were created. Current has 410 employees after the staffing adjustments.

“These changes enable Current Media to reduce its cost structure, thereby assuring that it will be comfortably profitable in 2009 regardless of the depth and length of the recession,” a company statement said.

More Scene

  • Made By Google

    Rashida Jones, Jaden Smith and More Stars Party at Made by Google Opening Night

    Current Media confirmed Tuesday that it will cut 30 positions overall as part of a restructuring intended to better emphasize interaction between cable network Current TV and its website. Founded in 2005 by Al Gore and Joel Hyatt as a TV network programmed with user-generated content, Current has eliminated a total of 60 positions across […]

  • 'Boo 2! A Madea Halloween' film

    Tyler Perry Hopes 'Boo 2!' Can Help Bring Laughter to Nation's 'Darkness'

    Current Media confirmed Tuesday that it will cut 30 positions overall as part of a restructuring intended to better emphasize interaction between cable network Current TV and its website. Founded in 2005 by Al Gore and Joel Hyatt as a TV network programmed with user-generated content, Current has eliminated a total of 60 positions across […]

  • 'Geostorm' film premiere

    'Geostorm' Director Hopes Harvey Weinstein Scandal Signals 'Sea Change' for Hollywood

    Current Media confirmed Tuesday that it will cut 30 positions overall as part of a restructuring intended to better emphasize interaction between cable network Current TV and its website. Founded in 2005 by Al Gore and Joel Hyatt as a TV network programmed with user-generated content, Current has eliminated a total of 60 positions across […]

  • ‘Working Above The Line’ panel, The

    Academy's Third Annual Careers in Film Summit Inspires Young Creatives

    Current Media confirmed Tuesday that it will cut 30 positions overall as part of a restructuring intended to better emphasize interaction between cable network Current TV and its website. Founded in 2005 by Al Gore and Joel Hyatt as a TV network programmed with user-generated content, Current has eliminated a total of 60 positions across […]

More From Our Brands

Access exclusive content