GRAND RAPIDS, MI — MLive Media Group is temporarily cutting wages, eliminating 401(k) contributions and requiring all employees to take one week off without pay as it contends with a steep loss of advertising revenue amid the coronavirus pandemic.

The company told employees Wednesday it will have their base pay cut by between 2 percent and 20 percent. The amount of each employee’s pay cut will depend on their base pay. Those with higher salaries will see bigger pay cuts than lower-paid employees.

The reductions are projected to be in effect through December, though the company said it would reexamine the matter in September.

“These weren’t easy decisions to make and there was a lot of thought put into this,” said Tim Gruber, president and chief revenue officer for MLive Media Group. “We strived to make these decisions with the least impact on employees as possible and look forward to coming out of this stronger and running a better business.”

Advance Local, MLive Media Group’s parent company, is implementing similar cost-cutting measures at its newspapers and websites across the country, including in Ohio, New Jersey, New York, Oregon, Alabama and Pennsylvania.

The company said the COVID-19 pandemic has caused a significant decline in revenue, as it has for other local news and information companies around the country.

Gannett, which owns the Detroit Free Press and other newspapers in Michigan, announced earlier this month that it was implementing furloughs as a cost-savings measure.

With the mandated furloughs at MLive, each employee will be required to take one week off without pay prior to July 31. The company said it would assess its financial standing in June to determine whether employees would be required to take a second unpaid week off of work.

The company is also suspending all 401(k) contributions until December.

MLive Media Group was formed in 2012, and includes MLive.com and newspapers in Grand Rapids, Kalamazoo, Muskegon, Jackson, Ann Arbor, Flint, Saginaw and Bay City.

Last week, MLive announced it was launching a voluntary subscription program to allow digital readers to support its journalism.