Allen Media Group begins another round of layoffs

Byron Allen’s Allen Media Group is undergoing further layoffs. According to an exclusive report published on October 11, the corporate has fired another round. Media Group confirmed that these layoffs were allegedly part of a company-wide growth strategy.

Sources revealed to the socket that Allen Media Group – the owner of several popular affiliated broadcast and news stations – has laid off employees from its weather, news and sports reporting teams. The changes can be visible within the lineup of The Weather Channel, the HBCU Go series, Entertainment Studios and even the final promoting sales departments.

This is just not the primary time employment has been cut at Allen Media Group; earlier this yr, the corporate announced it could be cutting jobs to extend efficiency. An Allen Media Group spokesman said these latest layoffs “are a continuation of the job cuts announced by Allen Media Group in May.”

Byron Allen’s Allen Media Group has revealed that the staffing changes will “improve the positioning of the growing company”.

According to the corporate’s statement, the changes will include “expense and employment reductions across all company departments.” Allen Media Group is a non-public company and has 36 affiliated television stations from ABC, NBC, CBS and Fox. He can be the owner of the digital platform TheGrio.

Although the corporate claims that the newest layoffs are a continuation of those who began in May, sources say that the truth is it’s a very different situation. The dismissed employees were reportedly only informed of the choice, and the uncertainty had an impact on the environment within the affected departments.

In May, the corporate explained in an announcement: “Allen Media Group’s brands continue to perform well, and in many areas our revenue growth significantly outperforms the market.”

“We are adapting these changes to ensure future business opportunities and support our growth strategies in our rapidly growing industry.”