ProWrestling.net is reporting that according to a source within TNA, Vince Russo's job on the creative team is by no means in jeopardy. While it is true that Eric Bischoff is involved in the creative process, and according to a source within TNA that I've spoken to, he is also handling most of the negotiations with new talent, Vince Russo is also playing a major role in the creative decisions being made within the company.
Additionally, it's being said that Dixie Carter has been wary of new talent that has come into the company, and has trust issues with several newcomers including Hogan and Bischoff. Therefore, she is in no hurry to hand over control of the company to these kinds of people, and is keeping people like Vince Russo around because Russo has always been good about including Carter in the creative process.
So, it seems that at this time there are absolutely no plans to remove Russo from the creative team. He is trusted and liked by Dixie Carter, who feels that he is committed to the company.