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Global Radio confirms downsizing is now required to deal with ongoing COVID challenges

By | Published on Monday 6 July 2020


Radio giant Global has told staff that it will have to restructure and downsize the business because of the ongoing impact of COVID-19. It’s not clear how many employees will be affected, though a consultation is underway.

The entire commercial radio sector has faced a challenging few months since the COVID-19 shutdown began, even though – somewhat ironically – listening stats went up as everyone went into lockdown. But ad sales slumped, as brands put their marketing campaigns on hold and many more local advertisers paused their operations entirely.

According to Radio Today, Global chiefs Ashley Tabor and Stephen Miron told staff in an email last week: “I’m afraid that as a result of the ongoing revenue challenges we face, and the longer and deeper nature of them, we have, reluctantly, concluded that we do now need to make further cost savings in the business”.

They added that, while to date their priority had been trying to “protect the company and the wellbeing and job security of Globallers during this unprecedented time”, as the impact of shutdown extends “we are genuinely sorry to say this will mean taking some tough decisions and saying goodbye to some highly valued and talented colleagues”.

Radio Today reckons that the cutbacks are likely to have a minimal impact on-air and are more likely to affect behind the scenes roles.