iHeart Set To Escalate Layoffs

Employees of iHeart say the 33% layoffs that began before the holidays has unexpectedly picked up with a vengeance.

  • The reason for escalating layoffs just 2 weeks into the New Year.
  • Why the trades are so silent when real people are losing their jobs in large numbers. What’s that about?
  • On-air people are taking the brunt lately – the outlook for their employment security for the rest of the year.
  • If you’re on-air talent, you don’t want to be this person because iHeart is firing them without regard to ratings.
  • The new go-to replacement for morning shows where personalities are being canned.
  • Market managers seem to be surviving the RIFs – how long do they have as stations become more automated. A few thoughts.
  • The biggest surprise: salespeople.

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