HSN lays off 40 percent of marketing department. (Home Shopping Network Inc.)
Multichannel News, August, 1990
HSN Lays Off 40 Percent Of Marketing Department
ST. PETERSBURG, FL - Home Shopping Network Inc. (HSN) dissolved its cable and broadcast marketing section last week and laid off 20 employees and the vice president who headed the department, Frank J. Strangis. The firings amounted to about 40 percent of HSN's marketing team.
As a matter of policy, HSN does not respond to questions regarding specific personnel, according to an HSN spokeswoman. However, she did confirm that the cuts had been made in the video retailer's marketing department.
After HSN's first losing year in 1989, which was caused primarily by expenses related to losing its suit against GTE Corp., Roy Speer, HSN chairman and CEO, set a goal for the company of breaking the...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
