SycamoreinTexas
The All-American Level
What’s the scoop on Semmler? Such a great asset for the Wabash Valley
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Semmler
- Thread starter SycamoreinTexas
- Start date
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btisu22
The Varsity Level
Corporate budget cuts. My guess is he's leaves the area now.
Instead of cutting the dozen or so staff writers who publish articles on the daily that are littered with spelling and grammatical errors they just went for the guy making more money. Seems like it would've been more cost effective to trash the staff writers and keep Rick. Corporate budget cuts and layoffs are never done correctly, case in point.
Didn't someone post on social media that they cut those people, too? I saw it referred to as "mass layoffs" in several tweets.
Did some cursory searching and it looks like Allen Media Group laid off hundreds if not thousands between all of their properties. Also saw they bid $30 billion on Paramount assets back in January so this could be related.
Seems smart - buy another company which requires you to cannibalize your current operations. That's some next level, Harvard business school shit right there...
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Levered up debt, baby. The bedrock of American capitalism.
Make yourself "too big to fail," and the government will come in and pay you for any "mistakes" you make. Gotta love it!!!
bent20
The Odum Level
From yesterday:
www.adweek.com
Layoffs at Allen Media Station in Terre Haute. Longtime Sports Director Loses Job
“I was completely blind-sided. I had no idea." said Rick Semmler.
www.adweek.com
Appreciated Rick's coverage...hope he lands on his feet soon.