Corporate Killer Al Gore
Adding to the unemployment lines
There have been layoffs at Current Media, the cable network co-founded by former U.S. Vice President Al Gore.
A statement from Current put the number of layoffs at about 60 positions, with 30 more to be refilled, the company said in a statement. That's less of a hard hit than the 20 percent cuts that a source close to Current hinted to CNET News on Tuesday. The statement read: "Approximately 60 positions have been eliminated in the company's three U.S. offices, and approximately 30 new positions created," the statement read. "Many of those whose positions were eliminated have been placed in the new positions. Current will have approximately 410 employees (after these staffing adjustments)."
Al Gore firing people? Couldn't he have just sold some of his Google options and kept them on? My god, he's become Gordon Gekko!