YR Media, a key player in youth education and media, has closed its offices due to financial difficulties, leaving employees unpaid and without health coverage.
The Board has stated, 'the decision to shut down at least through Nov. 1 was made with a heavy heart but is essential as we explore options.'
Employees received an email indicating they can apply for unemployment benefits as the organization's funding challenges remain undisclosed and serious.
Since its founding in 1993, YR Media has been committed to educating young individuals in media and technology, but recent management changes and financial issues threaten its mission.
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