BREAKING! Tegna is Furloughing Employees (Updated)
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This one is breaking right now (April 6th, 1:18 PM)
Sources are telling FTVLive that a conference call is being held right now and Tegna is telling staff that they are going to be furloughed.
Employees are being told that between the end of April and the end of June that will be asked to take a week off with no pay.
Tegna is telling employees that they will keep their benefits but must take a week off with no pay. Not sure how they can enforce this with contract employees, but they are telling staffers it is across the board.
Now, more than ever, viewers need the news media to tell them what is happening and giving them life-saving information.
And yet, Tegna is sending the people that bring viewers the news home without pay.
Sources tell FTVLive that Tegna CEO Dave Lougee will be sending an email out in the next hour explaining more.
This is Tegna…
Updated: Sources tell FTVLive that General Managers are taking a 20% pay cut, CEO Dave Lougee takes a 25% pay cut over a 3 month period.
The company is not ruling out layoffs!
