Cumulus Media has joined other broadcasters in instituting furloughs, pay cuts and other measures this week to combat the financial downturn anticipated due to the effects of COVID-19.
Chicago media observer Roger Feder reported Wednesday morning that Cumulus’ “salaried employees will take three weeks of unpaid leave in one-week installments over the next 15 weeks. Others will take 90-day pay cuts, and a third group will be put on 90-day furloughs, starting April 16.”
However, SAG-AFTRA, which represents station on-air talent, is pushing back, according to his reporting.
Additionally, CEO Mary Berner will take a 50% pay cut, Feder writes.
Cumulus declined to comment when contacted for information about this story.
