Fresh on the heels of a (delayed) SEC form 10-K , the Outdoor Channel started another round of layoffs at Winnercomm in Tulsa on Tuesday. Twelve staff members got the boot, including some long-time friends of CMP.
Looking at the 1st quarter numbers for ’09 vs ’08 (pre-Winnercomm purchase), we can estimate that Winner’s income for the period was $4.5 million but had expenses of roughly $92K higher than that, so this round of layoffs is not unexpected. In fact, it was rumored to be on-tap since October of last year.
If you hear of any production work, please consider contacting some of these recent re-entries to the job market.