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Oprah’s OWN network has been struggling for a while now. The network never got off on the right foot andÂ OprahÂ had to cut 30 of her full-time employees from OWN. Â Discovery Communications will now be more hands on at OWN.
Oprah Winfrey has cut 30 full-time employees from its struggling OWN Network, a move that represents a loss of nearly a fifth of its workforce. After the latest round of cuts, about 90 people remain on the OWN payroll, down from 150 employees at its peak.
â€œIt is difficult to make tough business decisions that affect peopleâ€™s lives. But the economics of a start-up cable network just donâ€™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.â€
With ratings continuing to average lower than what Discovery Health â€“ the low-cost network OWN replaced in January 2011â€“earned, â€œno one was particularly surprised,â€ about the layoffs, an OWN insider tells FoxNews.com.
The cuts affected the New York and Los Angeles OWN offices and included top talent at the network. Senior vice president of production, Julie Stern, was one of the major players to get the axe. Michelle Holt, currently the vice president of production, will take over Sternâ€™s responsibilities at OWN.
Discovery Communications, Inc., who has partnered with OWN, will now take a more hands-on approach to running Winfreyâ€™s network.
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