Press Release: Pacifica Announce Severance Paid In Full
- CA 03/14/2014 by Summer Reese (Pacifica)
Today, in a press release issued by The Pacifica Foundation (the parent of WBAI), Summer Reese, Executive Director, announced that the negotiated severance package with recently laid-off employees has been paid in full.
The severance agreement with the employees' union was negotiated after Pacifica determined that, as a result of losses due to Hurricane Sandy, the vast majority of paid staff at WBAI had to be laid off.
The satisfaction of the severance agreement is one more step in WBAI's return to solvency and ensuring that WBAI will continue to provide a unique voice in the New York metropolitan area and worldwide, online.
To read the Press Release, click the "Read More" button below.