BizJournals Portfolio
Jan 29 2009 5:15pm EDT

Late Breaks: Layoffs, Oprah, More Layoffs

-Reader's Digest Association is cutting its workforce by 8 percent; those who remain will be required to take a one-week unpaid furlough. [Candian Mags]

-ABC News is laying off 35 to 40 staffers. [TVNewser]

-You know that Arrested Development feature film? It's really going to happen. What? You've heard this before? [NYDN]

-Oprah Winfrey has hired former MTV president Christina Norman to head up her new cable channel, OWN. Winfrey's first choice was Tom Freston. [Fortune]. □


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