iHeartMedia is executing sweeping layoffs across its radio operations as part of a restructuring plan aimed at achieving $50 million in annual cost savings. The cuts are affecting on-air personalities, hosts, and staff members across multiple US markets including the Quad Cities region.
·iHeartMedia has begun a fresh round of layoffs targeting radio hosts and on-air personalities nationwide
·The company is pursuing $50 million in annual cost savings through the restructuring effort
·Multiple on-air personalities in Davenport and other Quad Cities markets have been laid off
·The layoffs are hitting both on-air talent and behind-the-scenes staff across the radio business
drawn from radioworld.com, The Hollywood Reporter, Billboard, TheDesk.net · updated 3d ago