The 10 Biggest Radio Stories of 2024: Layoffs, Downsizing & A Record for Shaboozey
While there were radio success stories for individual artists in 2024, the industry’s increasing decline was the dominant narrative.
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Read more: The 10 Biggest Radio Stories of 2024: Layoffs, Downsizing & A Record for Shaboozey
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CD Baby Lays Off Members of Its Creator Services Team
Read more: CD Baby Lays Off Members of Its Creator Services TeamNews of the CD Baby layoffs comes just a month after its competitor, Distrokid, placed 37 union employees on “administrative leave.”
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CD Baby Lays Off Members of Its Creator Services Team
Read more: CD Baby Lays Off Members of Its Creator Services TeamNews of the CD Baby layoffs comes just a month after its competitor, Distrokid, placed 37 union employees on “administrative leave.”
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iHeartMedia Faces Fresh Wave of Layoffs Amid Industry Struggles, Debt Woes
Read more: iHeartMedia Faces Fresh Wave of Layoffs Amid Industry Struggles, Debt WoesA spokesperson says “very few jobs” have been affected in the 10,000-employee company.
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How Recent Music Layoffs Compare to the Post-Napster Years
Read more: How Recent Music Layoffs Compare to the Post-Napster YearsTwo decades ago, the business endured huge layoffs amid a painful period of sales decline. This time, experts say the industry’s cyclical nature is more to blame.
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CMT Undergoes Layoffs as Part of Paramount Global Restructuring
Read more: CMT Undergoes Layoffs as Part of Paramount Global RestructuringSeveral members of the music and talent team at the Nashville channel have been impacted by the ongoing layoffs at the parent company.
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Apple lays off employees working on Books and News
Read more: Apple lays off employees working on Books and NewsAll the layoffs were in the company’s fast-moving services division.
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Sonos Cuts 6% of Staff, Slashes Sales Projections Amid App Blunder
Read more: Sonos Cuts 6% of Staff, Slashes Sales Projections Amid App BlunderThe cuts impact more than 100 employees as the audio company puts off the release of two major new products
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Sonos laying off 100 people amid expensive app problems
Read more: Sonos laying off 100 people amid expensive app problemsSonos execs considering bringing back the old app, report claims.
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How Layoffs Are Showing Up in Music Companies’ Earnings Reports
Read more: How Layoffs Are Showing Up in Music Companies’ Earnings ReportsAs companies like Universal Music Group and SiriusXM hit rough patches on certain metrics, cost-cutting has helped their bottom lines.
