CQ Roll Call called an all hands sales meeting at approximately 6:30 a.m. for every rep in the office, FishbowlDC has learned. They were told to cancel all appointments for the day.
At the meeting, CQ Roll Call Senior V.P. Jim Gale told the entire sales team that they ran out of money and that they cannot pay them for February or March. In layman’s terms, ads and sales reps have their comp plans based on certain numbers, which usually include a commission on their sales. So if they are trying to pay less, they may remove commission on sales, or say no commission for the month.
Though we received information about the general news at least a week ago, a second email about the morning meeting came in today. It isn’t clear whether the early morning meeting with reps occurred this morning or on another morning in the past two weeks. We’re told the Ads department is next on the chopping block.
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