During his radio talk show on Friday, Glenn Beck asserted the decision to let people go from his company had nothing to do with his campaigning for Sen. Ted Cruz, saying, “We are making the hard choices. We’re choosing principles over power. We’re staying true to the Constitution.”
Alluding to an article Thursday at The Daily Beast, Beck said, “There’s a story maybe you have read, that came out yesterday, that is talking about how yesterday, my company, TheBlaze, laid off 40 people, and my media empire is crumbling, and part of it is because I’m traveling around with Ted Cruz.”
Beck admitted to losing half a million dollars, but added, “That’s my choice. I believe in something.”
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The Daily Beast article announced that around 40 employees of TheBlaze are to be laid off. The layoffs are reportedly so that Beck’s company will be able to qualify for a multi-million dollar bank loan necessary to shore up the enterprise.
The layoffs are said to include employees in New York, Washington, Ohio and Los Angeles.
According to another Daily Beast article released Friday, Beck used his talk show to respond to the news of the layoffs. Daily Beast reports Beck as saying, “I’m a trusting guy. I think anybody on the show will tell you my biggest problem is I trust everybody. I trusted the people that ran my company that they wanted the same things. I didn’t know who really got the vision — who got it and who didn’t.”
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“These people were my friends, they were my partners. They didn’t love the audience like I did,” Beck said.
Beck intimated that the managers turned the company into a “status quo, big media company.” He added that was never what he wanted for TheBlaze.
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