Jeff Asch (KYW) retiring

[Larry]

Station just did a tribute to him retiring so this must be his last day. Good luck in retirement Jeff. KYW has had a number of long time anchors retire in the past 2 years. Are they offering inducements to retire or is it just a coincidence?

 

[Gregg.]

Sometimes to cut the payroll, a broadcasting company will offer incentives to get older workers to retire. But these days, things are looking up for radio companies like Audacy. I don't think the company is doing that.

A station like KYW has a large staff. Anchors, reporters and producers are on the payroll, working around the clock, seven days a week. And an All-News station is more likely to have people nearing retirement age than a Top 40 or Urban station. There's bound to be more retirements announced on KYW than most other formats.

 

[PTBoardOp94]

Sometimes to cut the payroll, a broadcasting company will offer incentives to get older workers to retire. But these days, things are looking up for radio companies like Audacy.

Maybe a little, but Audacy still lost money last year so it wouldn't be unreasonable to be offering buyouts.

 

[Miguelito]

I may be misremembering but I thought I read that Audacy actually was incentivizing retirements at KYW (and elsewhere).

 

[mainlineradio]

Hi — Ian here from KYW. Happy to report Jeff’s retirement after 45 years in local broadcasting — 24 at KYW — was entirely his/his family’s decision.

This fall, Jeff will be inducted into the Philadelphia Jewish Sports Hall of Fame.

Super cool that the Asch legacy continues at KYW with Jeff’s son David, whom you’ll hear at the Editor’s Desk.