Advance Local announces pay cuts, furloughs and 401(k) matching suspensions in response to the coronavirus - Poynter
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April 15, 20206 min read, 1230 words

Advance Local announces pay cuts, furloughs and 401(k) matching suspensions in response to the coronavirus - PoynterAdvance Local announces pay cuts, furloughs and 401(k) matching suspensions in response to the coronavirus - Poynter

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Published: April 15, 2020  |  6 min read, 1230 words
Advance Local followed Wednesday in announcing a series of pay cuts and furloughs to bring expenses down and ride out the deep advertising recession.The changes include pay cuts on a sliding scale from 2% to 20%, with higher salaried staff taking higher percentage reductions, eff...
Advance Local announces pay cuts, furloughs and 401(k) matching suspensions in response to the coronavirus - Poynter Read more

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