Townsquare RIFs 65, Concerns for Digital

Townsquare joined Entercom and iHeart today to initiate cutbacks in time for the end of the first quarter – there is a reason for this timing.

Other benefits are being suspended.

Townsquare is going even further preparing the workforce for a long-term and severe financial crisis.

Future expected firings will be based on data analysis putting 2,200 Townsquare employees in harm’s way.

And the worst news for the industry – not just Townsquare – is what they are saying about radio’s digital business.

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