Sinclair Broadcast Group cuts workforce by 5% due to impact of Covid-19 – Deadline

Sinclair Broadcast Group, one of the nation’s largest station groups, is cutting around 5% of its workforce, job cuts the company said were due to declining revenues from the Covid-19 pandemic .

A spokesperson for Sinclair said in a statement, “The impact of the COVID-19 pandemic continues to be felt across all sectors of the economy, which can have a profound impact on a business as diverse as ours. From local businesses and advertisers to distributors and partners, no part of our business ecosystem has been fully shielded from the impact of the global pandemic. In response to this, we are currently undergoing company-wide reductions in our workforce, including head office, to ensure that we are well positioned for success in the future. “

The company has 9,211 employees, a spokesperson said. Based on the 5% figure, that would mean the impact would hit around 460 employees, although it is not known how many job cuts were due to layoffs or unfilled job cuts.

More soon.

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