You can expect to see a little less of your favorite 9News reporters and anchors over the next few months. The station’s parent company, Tegna, announced that most employees will be required to take one week of unpaid time off before the end of June.
Additionally, “news directors and station heads of technology will receive a commensurate 8% temporary pay reduction and general managers and corporate senior vice presidents and above will receive a 20% temporary pay reduction,” according to a statement from Tegna.
As a reminder, Tegna raked in $140 million in political ads alone in the 2018 mid-term election season, a number that will no doubt balloon later this year with the upcoming presidential election. Do not expect Tegna to reimburse employees for the lost wages once that revenue bonanza hits.
Denver Public Relations Blog 