• KCRW Blames Massive Job Cuts on 30% Operating Budget Loss

    2 days ago - By The Wrap

    KCRW has eliminated 28 jobs through buyouts and layoffs as the Santa Monica-based public radio station projects a whopping 30% loss to its operating budget due to the pandemic.
    In an open letter published on Wednesday, KCRW President Jennifer Ferro said that while a federal loan through the Paycheck Protection Program helped the station keep staff on through last month, the ongoing economic damage caused by the pandemic led the station to offer voluntary buyouts to staff, which 24 staffers agreed to take. Another four positions were eliminated on Wednesday, bringing the total to 28 - or...
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