![]() ![]() ![]() ![]() Memphis news/talk KWAM-AM/W300DE “The Mighty 990” is offering small businesses in the Memphis market a free week of advertising. ‘The Mighty 990’ in Memphis Offering Week of Free Advertising. None of you deserves this.” It’s unclear how the company is dealing with its union-represented air staffers. I am truly sorry and sad about this announcement. She said, “Even though these are intended to be temporary actions, I know they are going to land hard – really hard – and that is in the emotional and financial toll that a furlough or salary cut will take on each of you, but also in terms of the increased workload the vast majority of you will have to take on during your co-workers’ furlough weeks. She is taking a 50% pay cut during this period and says the executive leadership team is taking a 25% cut and is giving up incentive compensation for the year. Berner said the company intends to bring all furloughed employees back when full-scale business operations resume. For those employees whose duties have been reduced or eliminated, they are on a 90-day furlough, starting April 16. For the group of employees who don’t have supervisors or don’t have anyone else who can cover for them, they will work for 90-days without pay, beginning April 16. As part of the plan, Cumulus’ salaried staffers will take three non-consecutive weeks of furlough over the course of 15 weeks that begins on April 20. Berner told her workforce that the Covid-19 plan was temporary and will be implemented in the coming days. It was the last of the large radio companies to take drastic measures, but Tuesday (4/7) Cumulus Media CEO Mary Berner made her employees aware of the company’s plans via a video message. Cumulus Announces Furlough and Pay Cut Plans. ![]()
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