When Bob Pittman and Rich Bressler emailed the iHeart staff about firing over 1,000 live employees, they referred to artificial intelligence (AI) and technology that enabled them to thin the ranks of employees and make surviving employees work better.
In the one week since, over 1,000 employees were eliminated and that’s just the beginning.
iHeart is reportedly preparing to reduce its workforce further by employing technology and AI.
This is a giant leap into an area that up until now has been foreign to radio.
What technology is iHeart sitting on that will be used to reduce its current 12,500 workforce by one-half?
Recent Posts
- The Fake Money Propping iHeart
- Cumulus Bankruptcy: What Could Go Wrong
- iHeart To Outsource Its Sales Departments
- How Radio CEOs Get Bonuses for Bankruptcy
- Cumulus Bankruptcy About to Trigger
- Unintended Consequences of More Deregulation
- A death trap for conservative talk radio
- The Poison Competitors are Using Against Cumulus
- Will Beasley Sell Philly or Boston?
- The College Radio Comeback