Townsquare joined Entercom and iHeart today to initiate cutbacks in time for the end of the first quarter – there is a reason for this timing.
Other benefits are being suspended.
Townsquare is going even further preparing the workforce for a long-term and severe financial crisis.
Future expected firings will be based on data analysis putting 2,200 Townsquare employees in harm’s way.
And the worst news for the industry – not just Townsquare – is what they are saying about radio’s digital business.
Recent Posts
- Radio’s New Vulture Investors
- Slamming the Door on Digital
- Reinventing Radio as a Startup
- iHeart’s Trade Problem
- Radio’s Angry New Lender/Owners
- Nielsen’s Predictive Ratings
- Radio Stations Are Cheap. Should You Buy One?
- What’s Really Going on with iHeart & SiriusXM
- The Erosion of Radio’s Digital
- The Unintended Consequences of the CBS Radio News Shutdown