Oprah Winfrey Network lays off workers, claims 'restructuring'
In the wake of the cancellation of Rosie O’Donnell’s talk show, the Oprah Winfrey Network announced today that it is eliminating 30 positions in the network’s Los Angeles and New York Offices. Responsibilities will be distributed among the network’s venture partners, Discovery Communications and Harpo Studios.
“It is difficult to make tough business decisions that affect people’s lives,” said OWN CEO and Chief Creative Officer Winfrey in a statement, “but the economics of a start-up cable network just don’t work with the cost structure that was in place. As CEO, I have a responsibility to chart the course for long-term success for the network. To wholly achieve that long-term success, this was a necessary next step.”
Oprah Winfrey became CEO and Chief Creative Officer of OWN eight months ago.