More Layoffs at JTV

Jewelry television has begun a new round of layoffs at its Knoxville, Tenn., headquarters, according to media reports.

A spokeswoman for the television shopping network was unable to release an exact number of jobs that will be cut but she did say that it will affect all departments.

Poor sales and a weak are cited as the reasons for the layoffs.

Since May,the company has reduced its workforce from more than 2,000 to about 1,300, according to published reports.

Read more, here and here.



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