Outdoor Channel Holdings Inc. announced a reduction in force at its Winnercomm Inc. business segment. “The reduction in force is part of the company’s focus on aligning Winnercomm’s production group with current market conditions, and will represent approximately 25% of Winnercomm’s current employee base,” the company said. The reduction plan is not expected to have a material impact on the Skycam and CableCam aerial camera business, it added.
“Given the challenging environment, we are constantly evaluating our organization and cost structure with the goal of operating at the highest level of efficiency. As a result of the economic downturn and reduced business at Winnercomm’s production services segment, we simply needed to right-size the organization. We remain confident that we can continue improving upon the synergies available between our Winnercomm and Outdoor Channel operations as we move forward,” said COO Tom Hornish.
Publicly traded Outdoor Channel Holdings acquired certain assets of Winnercomm Inc. and its related entities in January of 2009.