(Daily Caller) CNN is reportedly set to impose a “net 90” payment term on freelance employees beginning in June, meaning the company’s freelancers will be paid just once every three months.
“In a blow to their financial stability, CNN sent a letter to several of the network’s freelancers this week, extending their payment terms to net 90 (payment 90 days after invoice). The change is to ‘be better aligned with our corporate requirements,’” a Twitter user named Marcus DiPaola said on Tuesday night.
The move has met with significant blowback.
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