TVNewser Jobs PRNewser Jobs AgencySpy Jobs SocialTimes Jobs

Layoffs On Sesame Street

It’s not a sunny day at Sesame Street–or rather, Sesame Workshop, which produces the show and has had financial problems for a few years.

Deadline.com reports that the company has laid off 12 people in the Digital Media department, a move a spokesperson called a “shift” in resources “to better align with our strategic priorities and new opportunities.”

Sesame Workshop laid off 60 people in 2009 as donations fell off and licensing revenue dropped thanks to the economy.

In 2011, according to public records, the company reported a $9 million drop in revenue to $130 million, but ended the year in the black as opposed to the $10 million deficit in 2010 through a decrease in salaries and other expenditures.

Mediabistro Course

Social Media 201

Social Media 201Starting October 13Social Media 201 picks up where Social Media 101 left off, to provide you with hands-on instruction for gaining likes, followers, retweets, favorites, pins, and engagement. Social media experts will teach you how to make social media marketing work for your bottom line and achieving your business goals. Register now!