Emmis cuts 46 jobs in US radio

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Emmis Communications told RBR/TVBR Wednesday morning that it had cut its domestic radio staff by nearly 5% on Tuesday. Here is the company statement:


“Yesterday, a total of 46 positions were eliminated in our Los Angeles, New York, St. Louis, Austin and Chicago (1 position) radio markets. An additional dozen employees will have reduced hours or changed positions. Very few positions were in sales; many were part-time employees. Like many of our industry peers, Emmis took these steps as an expense reduction effort and to better position the company. Emmis provided a generous severance package and extended benefits to all the affected employees. No further eliminations are planned.”