In Case You Missed It, iHeartMedia Made Some Furloughs, Rather Than Layoffs, As Well As …

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  In Case You Missed It, iHeartMedia Made Some Furloughs, Rather Than Layoffs, As Well As Salary Reductions
  
  March 31, 2020 at 1:20 AM (PT)
  
  What do you think? Add your comment below.
  
  Employment Changes
  
  One our biggest stories to break late YESTERDAY (NET NEWS 3/30) was a note to all iHEARTMEDIA employees from Chairman/CEO BOB PITTMAN and CFO/COO RICH BRESSLER regarding health, safety and work policies as a result of the continued spread of CORONAVIRUS (COVID-19).
  
  The big part of the story was that they were going to furlough employees for 90-days with the hopes of bringing them back when the downcycle in revenue was over.
  
  Read the whole story, here.
  
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