We Hear: WNYC Staff To Take Pay Cuts
Multiple sources have told us that senior staffers at New York public radio station WNYC will be taking a 5% pay cut as the station faces decreased underwriting revenues and a budget deficit.
Publicists for WNYC refused to comment on the pay cut, but confirmed that the station is considering laying off up to seven employees (which we told you about last week).
“Like most non-profits and cultural institutions, WNYC has been impacted by the economic downturn and has seen revenues decline, primarily in underwriting,” WNYC Director of Publicity Jennifer Houlihan said in a statement.
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