Home Login RADIO ONLINE RSS Facebook
Advertisement

Memo Details Radio One, Reach Media Layoffs, Furloughs


Radio One
Radio One

In the midst of the COVID-19 outbreak, Radio One and Reach Media sent employees a memo concerning layoffs at the Urban radio broadcaster. Many sales and promotions positions are the most affected including some air personalities. Here's the entire memo:

"Today is an extremely difficult day for all of us at Radio One and Reach.

As you are aware, we are faced with a time of uncertainty and it is not business as usual. Our businesses have been dramatically affected by the effect of the coronavirus on our advertisers. We have experienced significant cancellations for second quarter and new business is coming in at a trickling rate. The decline in revenues forces us to react soundly and appropriately to ensure that we are able to operate our businesses going forward.

Unfortunately, this meant having to make very difficult decisions to furlough or layoff many employees, across all divisions of the company today. While we hope to bring many of them back, unfortunately at this time we do not know when this crisis will end."

Advertisement

Latest Radio Stories

Matt Scarano Named Beasley Detroit VP/Market Manager
Matt Scarano
Matt Scarano
Beasley Media Group has named Matt Scarano Vice President and Market Manager of its Detroit operations, effective January 14. In the role, Scarano will oversee Beasley's Detroit station brands -- WRIF, WCSX, WDMK-FM, and WMGC-FM. Scarano brings more than two decades of senior leadership experience in radio More

Audacy Brings 670 The Score to FM With 104.3 Simulcast
104.3 The Score Chicago
104.3 The Score Chicago
Audacy has announced the launch of "104.3 The Score," an FM simulcast of Sports WSCR-AM (670 The Score), bringing the station's programming to FM listeners in Chicago for the first time beginning February 2. The move displaces Classic Hip Hop WBMX-FM (104.3 Jams), while The Score will continue to broadcast More

Salem Promotes Carolyn Cassidy to VP, Regional GM
Carolyn Cassidy
Carolyn Cassidy
Salem Media Group has promoted Carolyn Cassidy to Vice President & Regional General Manager, expanding her role on the company's Senior Leadership Team. In her new post, Cassidy will continue to oversee Salem's operations in Columbus, Tampa, Orlando, and Miami. Cassidy has been with Salem for several More
Advertisement

Radio Reaches Two-Thirds of Financially Optimistic Adults
The Media Audit
The Media Audit
New research from The Media Audit suggests radio remains a powerful channel for reaching consumers most likely to keep spending after the holidays, a period that typically challenges retailers. According to the study, 31.8% of U.S. adults age 18 and older describe themselves as More

Audiospace Wins Deal to Build 240 U.S. Radio Platforms
Audiospace
Audiospace
Swiss digital radio technology provider Audiospace, a product of Brands Are Live AG, has secured a major U.S. contract following a competitive pitch, winning the mandate to develop 240 digital radio platforms. The deal is part of a broader collaboration with Connoisseur Media, led by CEO Jeff Warshaw. More

AdLarge Acquires Inlet Media Assets, Names CTO
AdLarge
AdLarge
AdLarge has acquired the assets of Inlet Media, a technology platform it has used for nearly two years to support onboarding, distribution, and monetization of audio and video content. The deal further integrates the platform into AdLarge and the fwd. network, advancing their technology-first approach to More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement