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 The economy continues to wreak havoc on sports leagues as the New York Jets have asked some employees to take two-weeks of unpaid leave in lieu of job cuts. The unpaid leave affects the marketing, media relations, finance and business operations of the Jets.
“Because of the seasonal nature of what we do, it provided an opportunity to save jobs and keep the team together that we put in place to help us build our new stadium,” said Matt Higgins, the Jets executive vice president of business operations in a telephone interview with Bloomberg News. “Our business, relatively speaking, is pretty strong, and we’re taking the prudent steps cutting expenses and looking at our head count, but we thought this was the right solution for us.” The report goes on to mention that employees will be asked to take the two-weeks of unpaid leave in late June and early July, the NFL’s slowest time for the departments affected. Higgins said that, for the most part, the reaction of Jets’ staffers was “pretty positive.” “They read the papers, they see what’s happening,” he said. “Everyone is working hard and acknowledges the economy that we’re facing. The fact that we’re working hard to avoid layoffs was appreciated.” The Jets and Giants are preparing to move into the $1.6 billion New Meadowlands Stadium in 2010.
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