Sean ‘Diddy’ Combs Lays Off One Third Of Revolt Media Staff

Sean ‘Diddy’ Combs
Sean Combs is laying off one-third of his staff at music cable network Revolt media in order to make room for producing lifestyle content according to Fox Business.
In a memo to staff members, CEO Roma Khanna explained that move was done in order to expand their operations. “We will work with more outside voices, producers, and influencers while maintaining a strong editorial core in-house,” said Khanna. “We will also create a more healthy and stable business base from which we can grow.”
Combs started the company back in 2013. Variety magazine reports that at least 50 employees will be let go between his New York and Los Angeles offices.
“This move is about strength and growth. As one of a very small handful of networks owned and controlled by the African-American community, we need to ensure we remain fiscally strong so that we can continue to authentically represent the culture,” wrote Khanna.
READ MORE STORIES ON BLACKAMERICAWEB.COM:
- Helping Your Child Win With Back to School Tips
- Jokia Shares Her Path to Healing Through Music at the Urban 1 Summit
- Pastor Jamal Bryant Christianly Confesses That ‘Narcissim’ Led Him To Father A Child Outside Of Marriage With Ex-Wife Gizelle Bryant
GET THE HOTTEST STORIES STRAIGHT TO YOUR INBOX:
(Source: Fox Business)
(Photo Credit: Alex Mateo / PRPhotos)