iHeart To Layoff Up to 1/3 Of Workforce

In the next 30 days iHeartMedia will begin a layoff so massive it is unprecedented in the media industry.

Up to 33% of their workforce laid off, potentially even higher.

What positions.

The handful of people deciding the fate of so many employees.

Who is not exempt for the first time ever.

The so-called “fat cats” that iHeart is targeting because they make too much money for what they do.

Severance – who gets it, who doesn’t and will seniority matter.

Here’s your complete heads up.

Access this story now