By definition a furlough is temporary – not meant to be permanent.
But during “Furlough Week in Radio” last week iHeart, Townsquare and Entercom offloaded employees using this tactic.
Cumulus is moments away from jumping in.
Not all furloughs are equal.
Some radio groups will actually recall a number of those furloughed and others have no intention of doing so.
Knowing which furloughs are real is the key to understanding future cuts.
Recent Posts
- Beasley Risks Screwing Their Lenders
- Kelli Turner Unleashed
- iHeart’s Digital Shell Game
- Beasley’s Unproven AI Sales Bet
- Saga Savings Warning
- Townsquare’s Digital Ceiling
- What My Gen Z Students Told Me About Radio
- Radio’s Programmatic Pricing Gamble
- Nielsen’s Shrinking-Market Squeeze
- Redeploying Radio Salespeople