Emmis Lays Off 32 Employees, Cuts Executives’ Pay

Indianapolis Star: Indianapolis-based Emmis Communications has laid off 32 workers following a weak fiscal third quarter, the company said. Emmis cut about 3 percent of its workforce across several markets, including Mike Corbin, who was a news anchor and reporter for WIBC-FM in Indianapolis. “We’ve made some changes and they’re very painful changes,” Emmis CEO Jeff Smulyan said.”This is always very, very hard for us.”