Half of Radio’s Workforce To Be Laid Off

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  • There have been layoffs for over a decade, why is the worst yet to come now? 
  • The time period over which a whopping 50% workforce reduction will take place industry-wide. 
  • Which operators are least likely to resort to halving their existing staff? 
  • Will it apply to markets 75 and smaller?
  • Beyond dropping spot revenue, what are the things that are forcing owners to cut half of their employees? 
  • And the big question, what will radio look and sound like once their cost synergies have been enacted.

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