Industry News

Beasley Cuts 7% of its Workforce

Beasley Media Group began cost-saving personnel cuts yesterday (5/7) that the company says amountsim to about 7% of its workforce. Reports of who has been let go are just trickling in but so far some of the people who’ve been let go include (according to a report in Crossing Broad) WPEN-FM, Philadelphia afternoon drive co-host and producer Jen Scordo.

Industry News

Report: New York Public Radio to Cut Workforce by 12%

According to a report by Benjamin Mullen in The New York Times, public media firm New York Publicim Radio plans to reduce its workforce by 12% due to a “free fall in the advertising market.” The source is a memo to staffers from NYPR CEO LaFontaine Oliver. The story goes on to note that the organization employs about 340 full- and part-time workers at WNYC, classical WQXR, and the Gothamist news site. Read the Times piece here.

Industry News

NPR Cancels Four Podcasts Amid Staff Cuts

As reported by NPR’s David Folkenflik and Mary Yang, the public media giant has dropped four podcasts as part of a companywide move to cut costs. The podcasts “Invisibilia,” “Louder Than a Riot” “Rough Translation” and “Everyone & Their Mom” are being dropped in order to close what’s being reported as a budget gap of $30 million. NPR CEO John Lansing says, “We literally are fighting to secure the future of NPR at this very moment by restructuring our cost structure. It’s that important. It’s existential.” The report notes that “NPR intends to cut back its workforce from approximately 1,200 to about 1,050 employees. The nonprofit network’s layoffs represent its largest reduction in staff since the 2008 recession.” In other moves, NPR is bringing its newsroom and programming divisions together as Lansing notes the “current separation artificially cleaved NPR’s journalism and editorial creations.” At this time, none of the NPR radio programs have been canceled. Read the full story here.

Industry News

NPR Announces Workforce Cuts

As reported by NPR’s own David Folkenflik, the public radio corporation is announcing it will trim its workforce by about 10%. NPR CEO John Lansing revealed the plans to staffers in a memo. Folkenflik reports that the laying off of at least 100 staffers is due to “the erosion of advertising dollars, particularly for NPR podcasts, and the tough financial outlook for the media industry more generally.” Lansing writes, “When we say we are eliminating filled positions, we are talking about our colleagues – people whose skills, spirit and talents help make NPR what it is today. This will be a major loss.” The story goes on to state, “On an annual budget of roughly $300 million, Lansing says, revenues are likely to fall short by close to $30 million, although that gap could reach $32 million.” Folkenflik notes, “The layoffs are in keeping with an increasingly grim landscape for media companies over recent months. Vox Media cut jobs by 7%; Gannett and Spotify by 6%. The Washington Post, owned by Amazon founder Jeff Bezos, eliminated its Sunday magazine and a handful of other jobs. After becoming part of Warner Bros. Discovery, CNN cut hundreds of jobs and killed off its brand-new streaming service, CNN+.” Read Folkenflik’s piece here.