Inside iHeartMedia’s recent job cuts, which laid-off employees say sacrificed local radio programming
|01/18/2020||Posted by BusinessMediaguide.Com under General World News||
- IHeartMedia recently announced a round of layoffs, saying it was part of a “modernization” process for the company, as it relies increasingly on technological investments to power operations.
- Laid-off employees from local iHeartMedia radio stations told Business Insider they were caught off guard by the cuts, especially of those who worked in high-performing markets.
- IHeartMedia is the largest radio network in the US, and the reorganization suggests the company will rely more on central programming and syndication for local stations.
- Business Insider spoke with 12 laid-off employees who described how they received the news and what they think was behind their layoffs.
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