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Emmis next in the line for downsizing / employee cutbacks...

G

ginkgotree

Guest
R&R reports Emmis next in the line for downsizing / employee cuts...

Jake the first to go? who's next?
 
News in this morning’s Radio Ink:
Staff, Salaries Cut At Emmis
INDIANAPOLIS -- November 3, 2008: Emmis Radio has laid off 4 percent of its employees -- about 30 people -- and cut salaries by 3 percent for those earning more than $50,000.
 
mouseman said:
News in this morning’s Radio Ink:
Staff, Salaries Cut At Emmis
INDIANAPOLIS -- November 3, 2008: Emmis Radio has laid off 4 percent of its employees -- about 30 people -- and cut salaries by 3 percent for those earning more than $50,000.
Click to expand...

3% cut is better than 100%.
 
As previously reported on the board Emmis stock value is $38 million. Now tell me that half the Indianapolis cluster isn't worth that?

Jeff has always been good about not firing people when he can help it.
 
Does anyone know if anyone in Indy was cut?
 
From what I hear, the Indy office was "restructured." The only on-air person I can tell that's gone is Jake on WIBC. Big Joe moved to mornings. Dave Wilson is by himself now, unless you count Mel. She's not always there though. Everything else seems the same on their station websites.
 
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