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ABC News Lays off 22 Workers; More Lost to Buyouts

Wednesday, 28 Apr 2010 07:04 PM

ABC News is laying off 22 employees but losing far more to buyouts.

The network said two months ago that it was would cut its 1,400-person staff by a quarter. The news division has been hammered by the economy and, unlike rival NBC, doesn't have a cable network for extra revenue.

ABC News President David Westin said in a memo to staff members Wednesday that more people than anticipated took buyouts, lessening the need for layoffs.

An executive who spoke to The Associated Press on condition of anonymity because the network doesn't discuss personnel issues says correspondents Lisa Fletcher, Laura Marquez, Brian Rooney and Betsy Stark are among the people leaving ABC News.

The buyout count was first reported by the Los Angeles Times and TV Newser website.

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ABC News is laying off 22 employees but losing far more to buyouts.The network said two months ago that it was would cut its 1,400-person staff by a quarter. The news division has been hammered by the economy and, unlike rival NBC, doesn't have a cable network for extra...
US,TV,ABC,News,Cutbacks
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2010-04-28
Wednesday, 28 Apr 2010 07:04 PM
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