TechTV lays off staff
Comcast recently purchased TechTV to merge with its G4 gaming channel, and now, Comcast/G4 has notified TechTV's 285 employees in San Francisco that their jobs are toast in 60 days.
Comcast will merge TechTV, owned by Paul Allen's Vulcan Ventures, with its own G4 video game network when the buyout is finalized next week. David Shone, a spokesman for G4 TV, said the company plans to hire 80 people from the San Francisco office to work at the game channel's Los Angeles headquarters. Employees were given two months notice and various severance packages, he said.
I expect this means the end of most of TechTV's regular shows and its usual mix of on-air personalities, but we'll have to wait and see. (Thanks to David for the tip.)