Layoffs Come To AETN After Lifetime Merger
Workforce Expected To Lose About 10% Of Its Base
by R. Thomas Umstead -- Multichannel News, 11/6/2009 3:22:34 PM
Layoffs that were expected as a result of Lifetime's integration into A&E Television Networks began last week and are expected to reduce about 100 jobs out of a combined 1,100 employees.
Disney-ABC TV, Hearst and NBC Universal last month completed merging the programming entities into AETN, under CEO Abbe Raven. An A&E spokesman confirmed the company is making a 10% reduction in the employee base, mostly in support areas like legal, accounting finance and public relations.
Executive staffs of both A&E and Lifetime will remain with the merged entity, including Lifetime CEO Andrea Wong, who reports to Raven; JoAnn Alfano, Lifetime executive vice president of entertainment, and executive vice president of distribution Lori Conkling, who will report to AETN executive vice president of distribution David Zagin, a spokesman said.
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