DES MOINES, Iowa (KWWL) -- iHeartMedia, the largest owner of radio stations in the country, is undergoing nationwide layoffs amidst a revamp of the company.
In a statement released Tuesday, the company said that they are using investments in technology to "modernize [our] operations and infrastructure" as well as create "a new organizational structure for [its] Markets Group."
A memo sent to employees stated that this modernization will result in "employee dislocation," according to All Access.
iHeartMedia's press release included a statement from the company's CEO Bob Pittman:
“iHeart is the rare example of a major traditional media company that has made the successful transformation into a 21st century media company – one with unparalleled scale, reaching 91% of Americans each month with our broadcast assets alone, more than any other media company. We are now using our considerable investments in technology to modernize our operations and infrastructure, further setting us apart from traditional media companies; improving our services to our consumers and advertising partners; and enhancing the work environment for our employees.”Bob Pittman, Chairman and CEO of iHeartMedia
Currently, iHeartMedia owns 26 radio stations in Des Moines, eight in Dubuque and six in Cedar Rapids.
Just today, names were released of Des Moines employees at sports talk show 1460 KXNO that had been laid off.
- Andrew Downs (1460 KXNO PD/Producer)
- Chris Williams (1460 KXNO co-host of the Sports Fanatics)
- Heather Burnside (1460 KXNO of the Morning Rush)
- Ross Peterson (1460 KXNO co-host of the Sports Fanatics)
- Sean Roberts (1460 KXNO of the Morning Rush)
- Travis Justice (1460 KXNO of the Morning Rush)
It is still unknown if more Iowa employees have been laid off.