Sinclair Broadcast Group Lays Off 5% of Workforce Due to ‘Profound Impact’ of Pandemic

  • 📰 Variety
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Sinclair Broadcast Group is shrinking its workforce by 5%, letting go of several hundred employees as a result of the “profound impact” of the pandemic, said the company in a statement.…

is shrinking its workforce by 5%, letting go of several hundred employees as a result of the “profound impact” of the pandemic, said the company in a statement. The company employs over 9,211 people, meaning that approximately 460 staffers were affected by the downsizing.

“The impact of the COVID-19 pandemic continues to be felt across all sectors of the economy, something that can have a profound impact on a company as diversified as ours,” according to a statement from a Sinclair spokesperson. “From local businesses and advertisers to distributors and partners, no component of our business’s ecosystem has been fully shielded from the impact of the global pandemic.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Only 95% to go.

Hmm, maybe they shouldn't have said the virus was a hoax.

Bet you’re not wearing masks; bet you’re not working from home; bet you’re not social distancing.

to me it seems like they have more than enough to cover it why not sell an estate if you can't afford to pay your employees a living wage?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sinclair to lay off hundreds of employees, citing 'profound impact' pandemic has had on its businessCiting the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to hundreds of layoffs across the company. horrible They along with everyone else are using the pandemic as an excuse to enrich the corporate heads while cutting jobs on the blue collar level. Too bad, so sad. Is there a network that would hire them to tell the truth?
Source: CNN - 🏆 4. / 95 Read more »

Coronavirus pandemic sets back women's progress in workforce65% of women said the pandemic has made things worse for them in the workplace, according to a CNBC survey. JBoorstin reports on how the pandemic has disproportionately impacted women. JBoorstin Democrat policies hurt Blacks and women. JBoorstin 95% only bad news( JBoorstin This is a bloody joke. Imagine men giving those reasons.... These women....bricklayers, artisans, plumbers?
Source: CNBC - 🏆 12. / 72 Read more »

'Trial of Chicago 7' wins top prize at Screen Actors Guild awardsThe Trial Of The Chicago 7 wins top prize at prestigious Screen Actors Guild Awards. It's an award that boosts its chances at the Oscars next month
Source: trtworld - 🏆 101. / 63 Read more »

Pope Francis, in Easter Message, Calls for Better Distribution of Covid-19 VaccinesIn his Easter message, Pope Francis called for more government support for those suffering economically because of the pandemic and for better distribution of vaccines Nice but he doesn't give a dollar for it. Words and more words. Haha
Source: WSJ - 🏆 98. / 63 Read more »

Rail operator Abellio ScotRail posts losses of £64.5mAbellio ScotRail says the pandemic lockdown had a 'significant' impact on its performance last year. Pennies, compared with the predictable losses under state control.
Source: bbchealth - 🏆 143. / 63 Read more »