<\/a>WBEZ<\/p><\/div>\n
The staff reductions do not include any positions in the WBEZ newsroom, in talk show programming or on the Vocalo platform, according to the company.<\/p>\n
\"While these decisions are extremely difficult ones, we have worked hard to preserve the local journalism and programming investments that are so critical to our mission and to our community,\" the company said in a statement. \"We remain committed to navigating these unprecedented challenges as responsibly as possible so that we may continue serving Chicagoans with the essential journalism and programming they need.\"<\/p>\n
The company did not disclose the names of the employees affected.<\/p>\n
Here is the text of Chicago Public Media\u2019s statement:<\/strong><\/p>\nThe economic impact of COVID-19 has placed enormous pressure on the finances of many organizations, including Chicago Public Media. As a result, we are facing an overall revenue decline of 20 percent in the coming fiscal year*, leaving a deficit four times larger than the deficit experienced during the 2008 financial crisis.<\/em>
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\nSince then, we have worked proactively and collaboratively to implement a number of cost-savings measures, including a freeze on hiring for new positions, executive compensation reductions, a salary freeze, a temporary suspension of 403b company match, and a voluntary separation option, among many others.<\/em>
\n\u00a0<\/em>
\nWe also received PPP funding under the CARES Act and modest funding from the Corporation for Public Broadcasting from the recent emergency Congressional appropriation, both of which provided support for us in the immediate term and enabled us to avoid layoffs or furloughs for any staff members during these past few months.<\/em>
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\nThese steps, along with the generosity of members and donors, have gone a long way toward helping us lower our deficit, but they alone don\u2019t fully address the historic challenges facing us. Therefore, we find ourselves in the unfortunate position of having to make additional reductions.\u00a0<\/em>
\n\u00a0<\/em>
\nToday we announced layoffs of 12 members of the Chicago Public Media team. In addition, we are also ending WBEZ\u2019s production of Sound Opinions on August 28.\u00a0Going forward, Sound Opinions will continue as an independent public radio show and podcast. It will continue to air on WBEZ, as well as on nearly 150 other public radio stations, with distribution via PRX.\u00a0<\/em>
\n\u00a0<\/em>
\nWhile these decisions are extremely difficult ones, we have worked hard to preserve the local journalism and programming investments that are so critical to our mission and to our community. As a result, we have not made any layoffs to our newsroom, programming or Vocalo teams. We remain committed to navigating these unprecedented challenges as responsibly as possible so that we may continue serving Chicagoans with the essential journalism and programming they need.<\/em><\/p>\n*Chicago Public Media\u2019s Fiscal Year 2021 begins July 1, 2020 through June 30, 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"
Facing a 20 percent revenue decline in the wake of the pandemic shutdown, the nonprofit parent company of public radio news\/talk WBEZ 91.5-FM today announced the layoffs of 12 employees and the termination of its production agreement with the weekly rock music talk show \u201cSound Opinions.\u201d Although it no longer will be produced by Chicago... Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/posts\/25883"}],"collection":[{"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/comments?post=25883"}],"version-history":[{"count":6,"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/posts\/25883\/revisions"}],"predecessor-version":[{"id":25899,"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/posts\/25883\/revisions\/25899"}],"wp:attachment":[{"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/media?parent=25883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/categories?post=25883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/robertfeder.dailyherald.com\/wp-json\/wp\/v2\/tags?post=25883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}