Tag: Radio Layoffs

“Here's something I created early on. The philosophy that we took was that we hire, or in some cases, acquire the best. We give you clear direction and the tools to win, and then we get out of your way.”

If the loss of people and brands continues to be inevitable as these companies trudge along, crippled by mismanagement, debt, and private equity pressure, does local radio owe explanations?

"I don’t know if the radio business is dying or not, but I know the current reality suggests we’re closer to the former than the latter."

"There is expectation that the layoffs will continue into today where a reported up to 300 people total will be cut by the broadcasting entity."

"Audacy is announcing these cuts just under six months removed from emerging from Chapter 11 bankruptcy."

"This is the second high-profile change at WMGK in recent months."

One of the worst events in life that most of us go through is the loss of a job. So many of us value and measure our lives by the success we achieve in the business world.

“Hope you’ve saved money and hope you realize you’ve tanked your career because no one will hire you after that.”

It’s been over two weeks since that moment, and I can say without a doubt the pain of the moment was realized. However, the opportunity it presented was to re-invest time both personally and professionally into myself.

Four more names are come to light in the latest round of Cumulus Media layoffs.