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Aug 1, 2009

Cleveland stations plan layoffs, exec pay reductions

WVIZ-TV and WCPN-FM in Cleveland will lay off nine staffers and make "double-digit percentage" cuts to executive salaries, according to the Plain Dealer newspaper. The station anticipates a 7 percent reduction in its fiscal 2010 budget. Layoffs will occur Oct. 1. Facing pay cuts are COO Kit Jensen, president and CEO Jerry Wareham and CFO Robert Calsin. The stations are under the umbrella corporation of Ideastream.