Rogers Sports & Media spokesperson Charmaine Khan stated, "With the radio industry continuing to feel the pressure of an uncertain advertising market, we made some difficult but necessary changes in our audio business impacting roles in several markets." This highlights the challenging conditions faced by companies in the audio sector.
Khan emphasized the company's commitment: "We recognize and thank the team members who are leaving us for their dedication to our listeners and advertisers." This reflects the company's acknowledgment of the contributions made by those affected.
Rogers Sports & Media owns the "largest ad-supported audio network" in Canada, reaching eight million Canadians each month, showcasing its significant market presence despite the turmoil in the advertising sector.
This move follows more layoffs and radio station closures by competitors like Corus Entertainment and BCE due to similar advertising revenue declines, indicating a broader trend impacting the industry.
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