For the past five years ever since Entercom took over CBS Radio every CBS or Entercom employee feared the last day of a fiscal quarter.
Today, they have real reason.
This is the last day of a terrible quarter for the radio industry and particularly Entercom.
The firings will come fast, the reach will be surprising and the company will eliminate and consolidate expenses to counter its mounting revenue losses.
Make no mistake, this is a large layoff.
A new and different Entercom will emerge.