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

  • Sundance Parties

    Sundance 2018: The Insider's Party Guide

    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 […]

  • '12 Strong' film premiere

    '12 Strong': Chris Hemsworth Hopes Film Can Reduce 'Misconceptions' About Afghanistan

    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 […]

  • Guillermo del Toro, Greta Gerwig and

    Timothée Chalamet Says He'd Love to Work With Christopher Nolan or Guillermo del Toro

    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 […]

  • Tracee Ellis Ross

    Tracee Ellis Ross at Image Makers Awards: 'Clothing Started as Armor for Me'

    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 […]

  • Golden Globes Timeline

    Inside the Glamorous Golden Globes After-Parties

    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