iHeartMedia is furloughing an unspecified number of employees as the largest radio company in the U.S. deals with the effects of the coronavirus crisis.
In an internal memo signed by iHeart CEO Bob Pittman and president Rich Bressler, the company says the the number of furloughs represents a “small total number of employees.” Affected staffers will not be paid during their 90-day temporary leave of absence, as the company is calling it, though they will continue to receive benefits.
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