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iHeartMedia Triggers Broad Layoffs as Part of $50 Million Cost-Reduction Plan

Entertainment – Music

iHeartMedia sent a memo to employees this week announcing staff cuts as part of restructuring efforts coinciding with its bolstered tech capabilities. iHeartMedia has triggered a broad round of layoffs across the country, affecting numerous stations and employees. The cuts are part of broader restructuring efforts in a cost-saving plan that follows the company’s bolstered […] Continue reading this story from the source →

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