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

  • Rose Byrne, Kylie Minogue

    'Juliet, Naked' Premiere: Rose Byrne Recalls Kylie Minogue Obsession

    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 […]

  • Dan Fogelman'This Is Us' TV show

    'This Is Us' Creator Calls Emmy Acting Snubs 'Disappointing'

    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 […]

  • LAST CHANCE U

    'Last Chance U's' Malik Henry Says Netflix Series 'Failed' to Show True Bond With Coach

    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 […]

  • Reggie Bush attends the 4th Annual

    NFL Vet Reggie Bush Defends Kneeling: 'Our President Is Trying to Divide Us'

    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 […]

  • Chris PrattTeen Choice Awards, Show, Los

    Teen Choice Awards 2018: What You Didn't See on TV

    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