RE: Layoffs at iHeartMedia8 Oct 2025 12:56
Over the last five years, iHeartMedia has conducted multiple rounds of significant layoffs, largely driven by shifts in operational structure, mounting industry pressures, and ongoing efforts to reduce corporate redundancies and debt. Beginning with a major restructuring in 2020 that centralized operations and led to widespread staff reductions, the company has continued this pattern almost every year, culminating in particularly notable rounds in 2024 and a major wave in 2025, which has been described as possibly the largest yet. (Taken from your link) so I would say a restructuring away from radio to focus on stronger growth podcasting