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iHeartMedia Plans New Layoffs As Part Of Strategy Changes

Radio firm iHeartMedia is about to implement a new round of layoffs, Barrett Media reports. An internal memo shows that the company is changing its strategy to a “faster is better approach,” and that existing positions will be affected. The memo points out that the radio firm has built new tech capabilities over the last several years that have the company says have “enabled us to both deepen our relationships with the listeners and communities who depend on us and improve the support we provide to our sellers.”

Read the whole story at Barrett Media »

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