Station Group, Feeling Pinch of Uneven Economic Recovery, Places Employees on Furlough

Jun 24, 2011  •  Post A Comment

Noting that the "economic recovery continues to be unevenly felt across our markets," a group that owns 18 network-affiliated stations says it is placing its employees on furlough, reports Poynter.org’s Jim Romenesko.

Media General is implementing 15 days of furlough for employees, the story reports. According to a memo from Chief Executive Marshall Morton, "the economy has faltered" recently and new website growth initiatives haven’t produced enough revenue to offset the declines in its traditional businesses.

Media General’s stations include WJAR-TV, an NBC affiliate serving Providence, R.I., and Southern stations such as WNCN-TV, also an NBC affiliate, in Raleigh, N.C.

The furloughs will affect "Media General employees at all levels," the memo notes.

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