Sinclair Broadcast Group is shrinking its workforce by 5%, letting go of several hundred employees as a result of the “profound impact” of the pandemic, said the company in a statement. The company employs over 9,211 people, meaning that approximately 460 staffers were affected by the downsizing.
“The impact of the COVID-19 pandemic continues to be felt across all sectors of the economy, something that can have a profound impact on a company as diversified as ours,” according to a statement from a Sinclair spokesperson. “From local businesses and advertisers to distributors and partners, no component of our business’s ecosystem has been fully shielded from the impact of the global pandemic. In response to this, we are currently undergoing enterprise-wide reductions across our workforce, including corporate headquarters, to ensure we are well-positioned for future success.”
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