Layoffs Reach “Sesame Street”

NEW YORK -- Bert and Ernie may be looking for a third roommate, as the poor economy has finally reached "Sesame Street."

Sesame Workshop, the shows production company, will cut one-fifth of its work force because of the economic downturn, The Associated Press reported Wednesday.

Sixty-seven of 355 staff positions will be eliminated.

The New York-based company said it is "not immune to the unprecedented challenges of today's economic environment," The Associated Press reported.

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