Notice how they’re no longer “layoffs” or ‘dislocations” in the radio industry now.
They’re furloughs – Entercom, Townsquare and iHeart plugging into a term being used by non-radio companies to cut costs and blame it on the coronavirus.
After “Furlough Tuesday” yesterday, Cumulus is not to be outdone.
Cumulus is as bad off as the other radio companies due to their own mistakes when the economy was booming.
We’re beginning to see who is going to get whacked.
And a growing concern by so-called “essential” employees who may survive the week ahead.
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