The Oprah Winfrey Network which has been struggling with viewership since it’s launch January 1, 2011, recently announced it would be laying off 1/5 of its staff.  In addition to layoffs, the Rosie Show was cancelled as well.

The decision to let 30 employees go is a “tough” one, but the economics of a start-up cable network didn’t fit with OWN’s cost structure, Winfrey said in a statement.

“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,” Winfrey said.

Winfrey’s best friend, Gayle King left OWN to co-host CBS This Morning earlier this year.

Related Posts Plugin for WordPress, Blogger...

Tags: