Cumulus Media Cuts Jobs Following Industry-Wide Radio Layoffs
Cumulus Media has initiated layoffs across multiple locations, following iHeartMedia's recent cut of approximately 500 jobs. The layoffs affect key personnel in Indianapolis and Central Pennsylvania markets.
Cumulus Media logo on dark background
Key Personnel Affected:
Central Pennsylvania:
- Dave Russell (WARM Program Director)
- AJ Cobain
- Venetia Stephenson
- Gary Sutton
Indianapolis:
- Jimmy Steele (WZPL Program Director)
- Kevin Freeman (WFMS morning co-host, 30-year veteran)
- Laura Steele (WJJK afternoon host)
- Jennifer Trevino (Promotions Coordinator)
- Multiple sales team members
iHeartMedia's CEO Bob Pittman addressed their layoffs during the Q3 earnings call, emphasizing the company's focus on saving $150 million through eliminating redundancies. Pittman stated that while air talent isn't being eliminated, technology allows them to broadcast talent across different locations.
Major iHeartMedia Markets Affected:
- Boston
- Chicago
- Cleveland
- Dallas
- Denver
- Houston
- Miami
- New York
- Philadelphia
- Phoenix
- Salt Lake City
- San Francisco
- Washington, D.C.
The restructuring reflects ongoing changes in the radio industry as companies adapt to new technological capabilities and seek operational efficiencies.