All of the members of the IT crew at Billboard and Hollywood Reporter have been laid off, based on a scathing submit seemingly revealed by the fired IT employees on Billboard’s web site.
The submit was revealed on Tuesday night time by a consumer with a byline titled “devops,” and it was rapidly deleted. The announcement got here with a photograph of the character Flounder performed by Stephen Furst in “Nationwide Lampoon’s Animal Home” and included a quote from the film.
“Within the wake of Covid-19 pandemic, Valence Media has determined to put off their complete net IT employees. Efficient at present. The web Billboard Charts are primarily excellent, so IT employees are now not wanted. Fats drunk and silly is not any strategy to undergo life… #SavingABuckAtYourExpense,” the submit learn.
Earlier on Tuesday, layoffs started at Valence Media, the dad or mum firm of The Hollywood Reporter, Billboard, Dick Clark Productions and Media Rights Capital. A number of senior writers and editors misplaced their jobs and shared the unhappy information on social media later within the day. Not less than eight folks have been dismissed from Dick Clark Productions, a supply instructed Selection, and round three staffers from MRC.
Final week, The Hollywood Reporter’s editorial director Matthew Belloni stepped down after disagreements with Valence Media and MRC executives. They pressured him and the editorial crew to lighten their protection on films and celebrities that had a enterprise reference to the businesses.
See screenshots from the deleted submit beneath.