OWN lays off 30 employees

March 20, 2012 at 10:40 PM
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CHICAGO, March 20 (UPI) -- The fledgling Oprah Winfrey Network has fired 30 employees as part of a restructuring plan, The Hollywood Reporter said Tuesday.

The news came shortly after the cable network announced it had canceled Rosie O'Donnell's daily chat show due to low ratings.

The network has been up and running for more than a year, but has not been generating the ratings Winfrey and other producers expected.

"It is difficult to make tough business decisions that affect people's lives, but the economics of a start-up cable network just don't work with the cost structure that was in place," Winfrey said. "As CEO, I have a responsibility to chart the course for long-term success for the network. To wholly achieve that long-term success, this was a necessary next step."

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