Consider this a victory over Fake News. Via CNBC -
The U.S. cable news network RT America informed its employees that it’s halting operations immediately and laying off almost all staff, according to a memo obtained by CNBC.
RT America is an English-language sister network of RT, the Russian state-owned news channel. It’s operated by Russia-backed T&R Productions, which sent a memo Thursday to more than 100 employees informing them their employment will end on May 3, according to a person familiar with the matter.
“As a result of unforeseen business interruption events, T&R Productions LLC will be ceasing production and, therefore, must lay off most of its staff who work at all its locations,” wrote Misha Solodovnikov, T&R Productions’ General Manager, in a note to employees. “We anticipate this lay off will be permanent.” (Read more)
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