More Audacy RIFs Become Public This Week
YESTERDAY, (NET NEWS 8/16), AUDACY launched a round of layoffs nationwide as the company is facing delisting by the NEW YORK STOCK EXCHANGE. Cost-cutting measures were imminent, and rumors of company-wide layoffs have been prevalent in the last week and became a reality.An spokesperson for AUDACY told ALL ACCESS, "Over the past few years, AUDACY has been on a transformational journey, investing in our capabilities to serve our listeners and customers and accelerate our growth through a ...
Source: allaccess.com