100 staffers cut at A&E networks
Layoffs related to August merger between AETN, LifetimeIt was Black Friday at A&E Television Networks where 100 employees, 10% of the company's workforce, were layed off.
A spokesman for AETN confirmed the number of layoffs and their direct correlation to the August merger between AETN and Lifetime Entertainment Services.
The cuts were made across all divisions, with Lifetime particularly affected. The list of the pink-slipped executives at the female-centered network included unscripted head Jessica Samet, head of casting Rick Jacobs and two senior PR executives.
Under the post-merger structure, Lifetime is being brought into the AETN fold alongside A&E and History Channel under AETN president and CEO Abbe Raven.
The combined company is jointly owned by Disney-ABC and Hearst, each holding a 42.5% stake, and NBC Universal controlling the remaining 15.5%.