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'C' is for cutbacks: 'Sesame' lays off workers

BlueGin

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Jul 10, 2004
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Poor Big Bird.

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It's a sad day on the "Street." Sesame Workshop, makers of the classic children's program "Sesame Street," laid off approximately 10 percent of its employees Tuesday.

"Sesame Workshop, the non-profit organization behind Sesame Street, is constantly assessing where we must invest for the future in response to today's rapidly changing digital environment," the company said in a statement obtained by Reuters. "After careful review, we have concluded that we must reduce our workforce by approximately 10% to strategically focus our resources."

'C' is for cutbacks: 'Sesame' lays off workers - TODAY.com
 

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