Media
TV Travel Shop staff facing axe
Published Wednesday, Mar 9 2005, 14:12 GMT | By Neil Wilkes
As many as fourteen TV Travel Shop staff could lose their jobs as part of an operational review by US owner InterActiveCorp (IAC).
According to Broadcast, the company is currently "considering the future" of the two UK TV channels, TV Travel Shop 1 and 2.
IAC is said to be considering replacing one of the stations with its US channel Home Shopping Network, which ranks number two behind only QVC.
"TV Travel Shop can confirm that it is considering proposals to re-focus the business away from selling third party package products and to scale back its business overheads accordingly," a spokesperson for TV Travel Shop told the website.
"There will be a period of individual consultation with employees before a final decision is made."
According to Broadcast, the company is currently "considering the future" of the two UK TV channels, TV Travel Shop 1 and 2.
IAC is said to be considering replacing one of the stations with its US channel Home Shopping Network, which ranks number two behind only QVC.
"TV Travel Shop can confirm that it is considering proposals to re-focus the business away from selling third party package products and to scale back its business overheads accordingly," a spokesperson for TV Travel Shop told the website.
"There will be a period of individual consultation with employees before a final decision is made."
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