Philadelphia, Pennsylvania-based Audacy, a radio broadcasting and communications network, has reduced its workforce in connection with its post-bankruptcy cost reduction initiative.
The reduction in force impacted 300+ employees, including on-air talent, sales, traffic, and management.
According to a spokesperson, “Audacy has made workforce reductions to ensure a strong and resilient future for the business. We are streamlining resources to stay competitive in a rapidly evolving media landscape and to best position Audacy to continue serving listeners and advertisers with excellence.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?
