Radio hosts David O'Leary of Magic 106.7 and Erin O'Malley of Mix 104.1 were laid off amid significant workforce reductions by Audacy that affected around 200 staff across the U.S. After two decades and 24 years at their respective stations, both expressed optimism despite the layoffs. Audacy, which has faced declining ad revenue and recently filed for Chapter 11 bankruptcy, aims to streamline operations and remain competitive in the changing media landscape. The industry is undergoing significant transformations, compelling broadcasters to adapt or cut back drastically.
"Broadcasting is an exciting and often unpredictable industry, and the company is making some cutbacks. I'm absolutely fine, and excited about what's ahead for me."
"Audacy has made workforce reductions to ensure a strong and resilient future for the business. We are streamlining resources to stay competitive in a rapidly evolving media landscape."
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