Nobel Laureate Al Gore's cable news channel Current TV announced Wednesday it's reducing its staffing by 80 people.
The company said in a press release that these layoffs weren't about cutting costs, but instead a reshifting of priorities.
The website Gawker exposed the foolishness of such a claim:
Which means everything is totally awesome and on track, according to a Current press release:Financial stability leads to
This re-organization was not the result of a need to cut costs. Current Media will have its most profitable year. This financial stability will allow the company to re-allocate resources in order to put further emphasis on areas of the business believed to best position Current Media for continued long-term growth.
sad job layoffsglorious resource re-allocation, gotcha.
Exactly. I mean, when a company cuts 80 employees from a total staff of 380, it's pretty absurd to claim this 21 percent payroll decrease isn't about reducing costs, especially after the network cut 60 jobs a year ago.
On the other hand, maybe Gore's accountants use the same precarious mathematics employed by those advising the Global Warmingist-in-Chief on the connection between carbon dioxide and rising temperatures.
Where's Leo Bloom when you need him?