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Cumulus Institutes Furloughs, Salary Cuts

CEO Mary Berner will also take a 50% pay cut to help shore up broadcaster’s finances

Cumulus Media has joined other broadcasters in instituting furloughs, pay cuts and other measures this week to combat the financial downturn anticipated due to the effects of COVID-19.

Chicago media observer Roger Feder reported Wednesday morning that Cumulus’ “salaried employees will take three weeks of unpaid leave in one-week installments over the next 15 weeks. Others will take 90-day pay cuts, and a third group will be put on 90-day furloughs, starting April 16.” 

However, SAG-AFTRA, which represents station on-air talent, is pushing back, according to his reporting.

Additionally, CEO Mary Berner will take a 50% pay cut, Feder writes.

Cumulus declined to comment when contacted for information about this story.