iHeartMedia recently announced a round of layoffs, saying it was part of a "modernization" process for the company, as it relies increasingly on tech investments to power operations.
| | | | iHeartMedia recently announced a round of layoffs, saying it was part of a "modernization" process for the company, as it relies increasingly on tech investments to power operations.
Laid-off employees from local iHeartMedia radio stations told Business Insider they were caught off guard by the cuts, especially of those who worked in high-performing markets.
iHeartMedia is the largest radio network in the US, and the reorganization suggests the company will rely more on central programming and syndication for local stations.
Business Insider spoke with 12 laid-off employees who described how they received the news and what they think was behind their layoffs.
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