Wednesday, February 24, 2010

ABC News Cutting Heads

(Washington) ABC News President David Westin announced that the company will undergo a "fundamental transformation" and hundreds of news staffers will be cut. Estimates of jobs to be lost vary between 300 and 400 in a news division numbering about 1,400.

A weak advertising market is being blamed for the cost-cutting moves.

I suspect the transformation will encompass the marriage of the walking department with the chewing gum department to achieve compatibility with the digital world where fewer people are needed to produce news reports.

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