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Univision To Lay Off 6 Percent Of Workforce Due To Difficult, Challenging Times

This couldn’t happen at a better time.

Jorge Ramos and this ragtag network have been pushing lies to many illegal immigrants about how the streets are paved with gold and food stamps for everyone!

Univision needs to wake up and smell the coffee! If they want respectability and a reach an American base that will understand what they are selling, then their first step is to fire light-in-the-loafers Jorge Ramos so he can marry his partner Luis Gutierrez from Chicago. Those two would make an excellent couple! Then start to hire real journalist that really care about the law and don’t mind reporting the truth.

Adios Amigos!

From Washington Post:

The Spanish-language media giant Univision Communications will lay off almost 6 percent of its workforce — between 200 and 250 people — after it slipped into the red last quarter, the company announced Wednesday.

The layoffs, along with a planned restructuring, “are in response to difficult times, challenging times,” Isaac Lee, Univision’s digital, entertainment and news chief, told The Washington Post in his first public comments on the moves. “We need to position ourselves for the future.”

Univision had a third-quarter net loss of $30.5 million, on total revenues of $735 million, down 8 percent.

As its traditional audience of Latino television watchers becomes older or cuts the cord, the company will also continue to chase what it sees as its savior: the English-language, digital, millennial audience.

Univision made a surprising move in that direction last summer when it paid $135 million for the media companies associated with Gawker, the Manhattan-based media gossip site. Gawker was forced to file for bankruptcy as a result of a crippling $140 million jury award in the Hulk Hogan sex tape suit. The suit was financed by billionaire investor Peter Thiel, in retribution for Gawker’s outing him as gay in 2007.

After Univision’s purchase of the Gawker websites, including the sports site Deadspin and the tech site Gizmodo, Gawker itself was soon shuttered. Last month, Univision drew criticism for eliminating several articles from those sites that were involved in lawsuits.

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About Wayne Dupree

My name is Wayne Dupree or as most of you know me by, Newsninja2012. I am and have been committed to exposing the Democrats in a way that has been frowned upon by some conservatives and cheered by many more.

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