Melville, NY

Layoff Date:

January 14, 2021

Laid Off Employees:

Laid Off Percent:

Not Reported

Source: NewsDay
"Newsday Media Group is laying off employees as the coronavirus has accelerated a drop in advertising. The company on Thursday declined to specify the number of workers affected. Publisher Debby Krenek said the layoffs will only impact non-newsroom departments, such as advertising, information technology, marketing, operations planning and security. The Melville-based media company has a total workforce of 650. ""It is clear after the pandemic that the declines in advertising revenue we’ve seen in the past year will remain a challenge,"" Krenek said in an email to employees. ""We find that we must make the difficult decision to eliminate roles in certain areas to strengthen the financial stability of the company and to allow us to continue to invest in the growth areas of the business."""
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