DARTMOUTH, N.S. – Radio broadcaster Newcap has cut staff a bit this month as approximately 15 people have been let go at various stations around the country as the company goes through its annual fall budgeting exercise.
“This is something we do every year… it’s just rationalizing our operations… we don’t think it’s out of the ordinary,” Newcap vice-president administration Phil Reid told Cartt.ca
“We’ve had some retirements over the past two-to-three weeks, we’ve had some people leave on their own and we had some others we had to let go for various reasons,” he added.
The corporation’s and the stations’ leadership go through this budgeting cycle every fall and look at where “we can take advantage of new technology in some places, or in others, we were just overstaffed,” added Reid.
“This is something we do annually and is in no way, shape, or form an organizational strategy of cutbacks or anything of that nature.”
Newcap runs 95 radio stations in Canada and has reported strong results so far this year.
