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
- AI Insights from My NYU Music Business Class
- Cumulus Just Blinked
- Urban One’s Nuclear Option
- Inside iHeart’s “Guaranteed Human”
- iHeart Mismanagement Exposed
- The Trojan Horse Deal to Rope in Station Buyers
- iHeart Cooked the Essential AM/FM Car Study
- How iHeart Blew the TuneIn Deal
- The Perfect Buyer Waits for Cumulus
- Beasley Asset Sales Plausible