Audacy, a major radio company, is cutting... a lot. This advancement came after they were recently bankrupt and seek to ensure a more robust future.
Formerly known as Entercom, Audacy weighs down a hefty debt load, thanks in large part to its merger with CBS Radio.
The layoffs started on March 7 and initially targeted about 100 employees. Realizing the changing landscape, Audacy is looking to save millions with these cuts.
High-profile layoffs include the Johnny Dare Morning Show in Kansas City and popular shows in many cities.
The layoffs reflect dramatic shifts in the radio business.
These layoffs have sparked debates about Audacy's financial decisions and their license handling by the FCC.
As Audacy charts its path through these changes, it also needs to adapt to a changing media landscape.
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