This one will be different but just as painful.
iHeart isn’t wasting time.
$200 million in savings by the end of 2020 on top of $50 million from the February “dislocations”.
That means a devastating reduction in workforce indicating the worst is yet to come.
They have a plan for who will get whacked and the timing of future layoffs.
We’re getting the first look at how significantly “dislocation #3” will affect stations and careers at iHeart.
Recent Posts
- The Company Cleaning iHeart’s Clock
- The End of Consolidation
- The Return of Payola
- iHeart Scraping Competitors’ Business
- The Hurry-Up Cumulus Bankruptcy Plan
- Urban One’s Managed Decline
- An Urgent Behind-the-Scenes Cumulus Pivot
- GM Secretly Taking Back In-car Entertainment
- The Podcast Reckoning
- Beasley’s Nepo Problem