On Tue, Feb 23, 2010 at 1:13 PM, Bob in Jersey <[email protected]> wrote: > Up to 20 % of staff could go, and the "one-man band" news-gathering > concept hits the Alpha-net... > > http://snurl.com/uhgqw
I am also sorry to hear about Jeff, and about all the folks about to feel the knife at ABC News. I assume that most of their talk of radical transformation is BS. Yes, the economy is very tough (if it is tough for uber Corporations like Disney, what do you think it is like for regular working people, like the ones who (for now) draw a monthly paycheck at ABC? This is what I don't get about the News and Entertainment (redundant?) industry: They tend to have an absurdly asymmetrical pay scale, and nobody seems interested in doing anything about it. I guarantee you that, if in my industry the top 1% of employees made on the order of $10 million dollars a year, while the rest made something on the order of $75,000 a year, and the industry was about to go broke and about to fire 20% of the employees, almost everyone would scream: "Excuse me - did you ever think of cutting Diane "Crypt Keeper" Sawyer's salary by $5 million dollars, which would fund the salaries of everyone they are thinking of firing and still let ABC News save money?" Actually, I honestly believe if by chance anyone in my industry made $10 Million dollars a year and so their organization about to cut its own throat by firing 20% of its labor pool, they would really volunteer to give up half of it. I am not arguing for socialism here - when ABC News is raking in millions of dollars of obscene profits, I don't have a problem with their pretty faces raking as much as they can get off the top. But when times are tough it seems insane to pay the pretty faces more and cut the worker bees more. -- TV or Not TV .... The Smartest (TV) People! You received this message because you are subscribed to the Google Groups "TV or Not TV" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/tvornottv?hl=en
