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APA Confronts Coronavirus With Salary Cuts, & Furloughs

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EXCLUSIVE: APA has develop into the newest expertise company to confront the devastating affect of the coronavirus pandemic. The company simply despatched an inner be aware to employees. They’ve been notified that throughout the company’s places of work in New York, Los Angeles, Nashville, Atlanta, Toronto and London, there will likely be a collection of paycuts, together with some suspensions and furloughs. Nobody making beneath $100,000 will likely be impacted, and the hope is to stop layoffs.

Nonetheless looking for out specifics, however I’m informed that the APA board of administrators will make the biggest monetary sacrifice. The employees was knowledgeable throughout a compulsory companywide employees assembly right this moment through Zoom, led by the company’s President and CEO, Jim Gosnell, who issued the next assertion following assembly:

Associated Story

[

Former Agent Sues APA For Sexual Harassment, Battery, “Toxic” Workplace

COPYRIGHT_BP: Published on https://bingepost.com/apa-confronts-coronavirus-with-salary-cuts-furloughs/77083/ by Cecilia Jones on 2020-03-27T23:56:21.000Z

](https://deadline.com/2019/06/former-agent-sues-apa-for-sexual-harassment-battery-toxic-workplace-1202635239/)

[

Pricey Colleagues,

With the U.S. now the epicenter of the worldwide pandemic, greater than 1 / 4 of the world’s inhabitants on lockdown, file unemployment, a public well being disaster extra dire than ever identified in our company’s 58 yr historical past, and a monetary affect worse than 9/11 and the Housing Disaster mixed, APA like so many different firms throughout our trade and the world should take speedy and considerate motion to make sure our firm will traverse these unchartered waters and emerge as sturdy as attainable.

To fight these unprecedented occasions, we’re taking the mandatory cost-cutting measures companywide to guard our enterprise with minimal affect on our most weak staff. Whereas now we have by no means within the historical past of this company had a harder problem to beat, APA’s senior administration crew is 100% targeted on overcoming the widespread hurdles we’re all now dealing with. With braveness and compassion, we’ll all get via this collectively.

As each side of our lives is being affected throughout the globe, we’re continually aware of defending our private well being and safeguarding our households. Our hearts exit to our colleagues in New York, now on the epicenter of this public well being disaster within the U.S., in addition to these in different APA places of work throughout the nation that now discover themselves in hotspot zones. Our doorways could also be closed however our hearts and minds stay open. We all know these circumstances are extraordinarily troublesome for everybody, however as all of us proceed to battle in opposition to this virus, APA stays steadfast and vigilant in our dedication to do the whole lot we will to win for our colleagues, purchasers and communities who’re at all times high of thoughts.

](https://deadline.com/2019/06/former-agent-sues-apa-for-sexual-harassment-battery-toxic-workplace-1202635239/)

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About The Authors

Cecilia Jones

Cecilia Jones - Cecilia Jones loves to write about movies, music, and the most popular and exciting news.

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