Sesame Workshop announced today it will layoff 67 of 355 staff positions.
Sesame Street, featuring characters such as Big Bird and Oscar the Grouch, has been on the air since 1969 and is the most widely viewed children's TV show in the world. Three months ago, CEO Gary Knell said while the company was "able to withstand" recessions, it was not "immune."
Of course, people losing their jobs is not very funny. It just proves that no company in this bad economy (dare we say depression?) is immune.
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