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APA Sets Salary Cuts and Furloughs in Wake of Covid-19 Pandemic

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07.07.2020 - 04:04

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Following in the steps of several agencies dealing with the coronavirus, APA has informed all offices of upcoming salary cuts along with possible suspensions and furloughs for employees due to the pandemic’s economic effect on the industry.

APA board of directors will make the largest financial sacrifice. The move has been made to avoid layoffs similar to the ones made by UTA and Verve, which made similar decisions following Paradigm’s drastic decision to temporarily lay off more than 100 employees.

It is unknown how many employees could be part of the furloughs, though sources say employees with salaries under $100,000 will not have their salary cut.

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