Today is another sobering day for the tech and media world. We've heard multiple reports of significant layoffs at Current TV taking place today. One source, whose spouse works at Current TV, warns of a "major bloodbath today at CurrentTV, across all departments," with cuts hitting "most of the people in the LA production office, as stuff is being outsourced." Current TV has confirmed that 80 people are being let go. From the statement issued (we've embedded below), Current is shifting away from in-house production and towards out sourcing segments.

Sections:  news   business   entertainment   
Topics:  broadcast   cable   current tv   job cuts   technology   tv   
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