The cuts represent a 4% fulfillment center workforce reduction, as HSN employs some 450 people at its Roanoke fulfillment facility, plus an additional 400 sales and service people at its call center nearby, in Bonsack, VA. The Roanoke Times (VA) Jun. 9, 2009
Jun 102009
Jewelry Television Cuts More Jobs
DRTV Retailer
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Jan 082009
Jewelry Television began another round of job cuts today, although the number of affected employees is not known. The retailer warned that workforce reductions may continue, as needed, until costs can be brought in line with declining revenues. JTV currently employs about 1,300 people, down from 2,000 a year ago. WVLT-TV (Knoxville, TN) Jan. 7, 2009 Knoxville News Sentinel (TN) Jan. 8, 2009
ShopNBC Sheds Staff in Cost-Cutting Move
DRTV Retailer
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Jan 072009
ShopNBC today announced that an 11% workforce reduction would be part of an organizational re-structuring intended to reduce its cost structure and achieve the long-unrealized goal of profitable growth. With these most recent cuts — sixty positions, mostly in Eden Prairie, MN — the retailer has reduced its workforce by 27% since fiscal 2007. A suspension of the company’s match to employee 401(k) retirement accounts was among the other measures highlighted in the press release. ShopNBC Press Release on MS-NBC Minneapolis St. Paul Business Journal Minneapolis Star-Tribune Jan. 7, 2008
HSN Cuts 185 TV and Catalog Jobs
DRTV Retailer, USA
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Dec 072008
HSN Inc. announced on Friday the immediate elimination of 110 positions from its TV operation and 75 positions from its Cornerstone catalog operation. The company also said that it will not fill an additional 52 currently open positions. In the case of both HSN TV and Cornerstone, the cuts represent less than three percent of the workforce. St. Petersburg Times (FL) Dec. 5, 2008
Dec 012008
Gravitas, “schmav-itas.” Faced with dwindling advertising from stalwarts like automotive dealerships, local TV stations are cutting costs — and the quarter-million-dollar salaries of veteran anchors make inviting targets. Stars at top-rated local stations are probably safe, but their counterparts at number-three stations are increasingly getting pink-slipped. ”‘The industry is moving from star players to more of a team sport,’” according to observer Tom Petner, who edits the television industry newsletter ShopTalk. The New York Times Nov. 30, 2008
Jewelry Television Eliminates 30 IT Jobs
DRTV Retailer
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Nov 132008
The retailer informed 30 information technology staff members that their positions were being eliminated yesterday, as part of the company’s effort to contend with the challenging retail environment and slumping jewelry sales, in particular. JTV laid off 150 staff members last spring, and said that additional workforce reductions may be necessary in the first quarter of 2009. The cuts at JTV, combined with the far larger reduction at QVC, made yesterday something of a Black Wednesday for the direct response, network television business. WBIR TV-10 (Knoxville, TN) Nov. 12, 2008
QVC to Cut 900 Mostly-Pennsylvania-Based Jobs
DRTV Retailer, Talent, USA
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Nov 132008
Yesterday, QVC announced plans to eliminate 900 U.S. positions over the next 14 months — a response to the slumping global economy meant to trim the retailer’s operating expenses by $30 to $40 million in 2009. The move is part of a plan to wind down call center and warehousing operations in West Chester, Pennsylvania. The company’s Florence, South Carolina, distibution center will benefit from an expected pick-up of 200 new positions, which will reduce the net loss of jobs to some 700 (or 5.8% of QVC’s U.S. workforce). Call centers in Virginia, Florida and Texas will also see additional work, upon the closure of the West Chester call center next March. Also announced was an expansion of the retailer’s work-from-home plan for call center employees. Reuters Nov. 12, 2008 The Virginian-Pilot Nov. 13, 2008 QVC Press Release Nov. 12, 2008
