On a Friday conference call, Fyre Festival co-founders Billy McFarland and Ja Rule informed employees they will no longer be paid, according to a report from Vice News. The report includes edited audio of the conference call where McFarland reveals the staff isn't fired, but they'll no longer be paid.
On the call, a voice said to be McFarland quickly breaks the news to staff. "After conferring with our counsel and all financial people, unfortunately, we are not able to proceed with payroll,” he said. “We’re not firing anyone. We’re just letting you know that there will be no payroll in the short term.”
He offers employees the option to continue working for free. “I understand that this is not an ideal situation for everybody, and this will likely cause a lot of you to resign, which we totally get and understand,” he said. “That said, if you want to stick with us, we’d love to have you and we’d love to work together and hunker down and get back to a place where everything resumes to business as usual.”