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Stock impact report

News Center Maine parent company announces marketing layoffs [Yahoo! Finance]

TEGNA Inc (TGNA) 
Last tegna inc earnings: 2/11 08:01 am Check Earnings Report
US:NYSE Investor Relations: investors.tegna.com
Company Research Source: Yahoo! Finance
The layoffs come as Tegna, the Virginia-based media company that owns News Center Maine, attempts to centralize its distinct marketing departments into a single team, spokesperson Anne Bentley said in a statement Wednesday afternoon. Bentley declined to state how many employees will be affected but said the change only affects the marketing team. "This structure will include regional marketing leaders who will oversee multiple stations and markets," she said. "There is a transition period for marketing employees through mid-January." The layoffs will impact marketing employees at all Tegna stations, Bentley said. Tegna owns 64 news brands in 51 markets, according to its website. It owns two other stations in New England: WTIC and WCCT, both based in Hartford, Connecticut. "We're very thankful for the hard work and dedication of our marketing teams and the positive impact they've made in serving our communities," Lynn Beall, Tegna's chief operating officer, said in a statement Show less Read more
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