Posted by chicagomedia.org on March 05, 2009 at 19:02:05:
In Reply to: Emmis-Chicago fires Tisa LaSorte & Marc Young posted by chicagomedia.org on March 05, 2009 at 10:07:08:
Emmis Cuts 7.5 Percent Of Workforce
INDIANAPOLIS -- March 5, 2009: Emmis Communications is cutting 7.5 percent of its workforce -- 91 full-time people and 14 part-timers -- and all employees will see a 5 percent pay cut. Chicago was especially hard-hit, with seven people in the cluster out the door.
With the changes, Emmis VP/Rock Programming and KSHE/St. Louis PD Rick Balis picks up WLUP/Chicago programming duties, while KPNT/St. Louis PD Tommy Mattern will program Chicago's WKQX.
A memo to Emmis/Chicago staffers from VP/Market Manager Marv Nyren said, "Facing the ongoing challenges of a struggling media sector and turbulent economy, earlier today Emmis took a series of steps to better position it for shifting global and industry realities. Those steps included a workforce reduction of 7.5 percent, which included the elimination of 91 full-time and 14 part-time positions across its Corporate, radio, and publishing divisions. Notified employees received generous severance packages and other support."
(Radio Ink)