Now the benefits are going.
Part-timers being fired in large numbers – one radio group reportedly fired over 60 of them in one market late last week.
The CEOs of General Motors, Delta Airlines and Southwest among others have taken pay cuts while asking employees to take pay cuts, which radio CEOs are thinking about doing the same?
Great numbers of advertisers are bailing on April ad schedules.
More firings are being planned on a new time schedule.
We’re now beginning to see not only the “dislocations” but cost savings that will affect the survivors.
Recent Posts
- iHeart’s Q1 Growth Masks Profitability Decay
- Townsquare’s Deceiving Earnings Report
- Radio's New Global Capital Play
- Why Billionaires Keep Buying Dying Linear Media
- How Radio Is Dealing with Fake AI Music
- How to Make Pittman & Berner Money
- A Third Cumulus Bankruptcy?
- Beasley’s New Re-fi Drama
- Astonishing “Going Concern” Verdicts
- iHeart’s SiriusXM Non-Merger