This one will be different but just as painful.
iHeart isn’t wasting time.
$200 million in savings by the end of 2020 on top of $50 million from the February “dislocations”.
That means a devastating reduction in workforce indicating the worst is yet to come.
They have a plan for who will get whacked and the timing of future layoffs.
We’re getting the first look at how significantly “dislocation #3” will affect stations and careers at iHeart.
Recent Posts
- Connoisseur Undoing Alpha
- Radio’s Next Roll-Up
- No iHeart AI DJs, BUT …
- Townsquare Consolidation Without Buying Stations
- The Invisible Digital Ads
- iHeart’s Convenient Gen Z Research
- iHeart’s Foreign Ownership Hall Pass
- Radio’s Self-Inflicted Markdown
- Cumulus’ Death Spiral
- Inside iHeart’s Barter Machine