Audacy Cuts 300 Jobs Across Radio Network Following Bankruptcy Exit
Audacy, recently emerged from bankruptcy, has initiated significant cost-cutting measures by laying off approximately 300 employees across various departments and locations.
The layoffs impact both local and national staff, affecting multiple radio stations including:
- 101.1 WCBS-FM (New York City)
- Magic 106.7 (WMJX) (Boston)
- 830 WCCO (Minneapolis)
- Big 98.1 WOGL (Philadelphia)
- 98.7 Simon (WSMW) (Greensboro)
- 104.3 WOMC (Detroit)
- BetMGM Network
Audacy employees during mass layoffs meeting
Notable departures include:
- Elista Hathaway (WBZZ Pittsburgh)
- Glenn Anderson (Star 102.1 Cleveland)
- Annie Leamy (WCBS-FM New York)
- David O'Leary (WMJX Boston)
- Henry Lake and Chris Tubbs (WCCO Minneapolis)
- Trey Morgan (WOGL Philadelphia)
- Charley McCain (WSMW Greensboro)
- Aricka McCauley (WOMC Detroit)
WHHL in St. Louis saw its entire staff laid off, with the station transitioning from hip-hop to sports format.
The restructuring follows recent executive changes:
- CEO David Field stepped down in January after 27 years
- Kelli Turner appointed as interim president and CEO
- CFO Rich Schmaeling resigned in February (position remains unfilled)
An Audacy spokesperson stated these reductions aim to "ensure a strong and resilient future" and maintain competitiveness in the evolving media landscape while continuing to serve listeners and advertisers effectively.
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