Cumulus Media Announces Major Radio Layoffs Following iHeart's 500-Job Cut

Cumulus Media Announces Major Radio Layoffs Following iHeart's 500-Job Cut

By Marcus Bennett

November 18, 2024 at 01:52 AM

Cumulus Media logo on dark background

Cumulus Media logo on dark background

Cumulus Media has initiated layoffs across multiple locations, following iHeartMedia's recent cut of approximately 500 jobs. The layoffs are affecting both major markets and regional operations.

Key Cumulus Media Layoffs:

  • Central Pennsylvania: Program Director Dave Russell, radio personalities AJ Cobain, Venetia Stephenson, and Gary Sutton
  • Indianapolis: Program Director Jimmy Steele, WFMS morning co-host Kevin Freeman (30-year veteran), WJJK afternoon host Laura Steele, Promotions Coordinator Jennifer Trevino, and sales team members

iHeartMedia's CEO Bob Pittman addressed their layoffs during the Q3 earnings call, stating the company aims to save $150 million by "eliminating redundancies." Pittman emphasized that on-air talent isn't being eliminated, but rather redistributed through technology to optimize market presence.

Notable iHeartMedia Cuts Across Major Markets:

  • Boston: Alan Chartrand
  • Chicago: Angie Taylor, Matt Scarano
  • Dallas: Patrick Davis, Cruz, Domininc Zaccagnini
  • New York: Len Berman, Michael Riedel, Terry Trahim
  • Philadelphia: Mike Kaplan, Sam Dababneh
  • San Francisco: Don Parker, Jerry Houston, Jason Dahlstedt, Chidi Nwachukwu

These industry-wide layoffs represent a significant shift in radio broadcasting operations, with companies leveraging technology to maintain market presence while reducing operational costs.

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