Dozens of iHeartRadio
staffers around the country were laid off Tuesday, including a number in the
Corridor region.
Iowa City radio
station KCJJ and RadioInsight, which is compiling an ongoing list of
staffers impacted by the cuts, report that in Cedar Rapids, layoffs included Jim Doyne, Frank
Balvanz and Waldo Knight of AM600 WMT, and Jordan Henry at Hot 95.7. Iowa
City staffers affected include “Boston” Mike Ryan from 100.7 The Fox and
Jerry Lalor and Mark Pitz at AM800 KXIC.
According to Rolling
Stone, as many as 850
employees were laid off, mostly in small and medium markets, “where staffs had already
been reduced.”
iHeartMedia did not
address the layoffs in a Tuesday press release announcing its new
organizational structure, which it said is aimed at modernizing the company
“to take advantage of the significant investments it has made in technology
and artificial intelligence.”
“We are now using our
considerable investments in technology to modernize our operations and
infrastructure, further setting us apart from traditional media companies,”
said Bob Pittman, chairman and CEO of iHeartMedia, adding the changes were
also aimed at “improving our services to our consumers and advertising
partners and enhancing the work environment for our employees.”
In a statement issued
later Tuesday, the company acknowledged there would be “shifts in jobs,” but
argued the number was small relative to its overall employee base of 12,500.
“That said, we
recognize that the loss of any job is significant,” the statement continued.
“We take that responsibility seriously and have been thoughtful in the
process.”
|
Search This Blog
Thursday, January 16, 2020
Corridor employees affected by iHeart Radio layoffs
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment