American Media, Inc. staffers have been on a roller coaster ride lately. After clearing their debt at the end of 2010, AMI laid off three reporters from Star and National Enquirer last week and — according to New York Post’s Keith Kelly — the company is requiring all 400 workers to take three-day unpaid furloughs prior to March 31. Company spokeswoman Samantha Trenk said the furloughs apply to everyone at AMI from top to bottom:
We are all being furloughed, from [President] David [Pecker] to the mailroom. It’s a one- shot deal affecting every single person in the company.
Adding some insult to injury, employees witnessed AMI CFO Christopher Poli steer his new silver corvette into the employee parking lot this week. Other company insiders are also upset that some top execs will be receiving bonuses for guiding AMI through the bankruptcy process.