Cumulus Media has begun another series of job cuts following previous reductions in August. These layoffs occur shortly after the company emerged from Chapter 11 bankruptcy protection. Alden Global Capital now holds a controlling stake in Cumulus Media. Alden Global Capital has a history of implementing significant staff reductions at acquired newspaper properties. The full extent of these layoffs is still being determined.
https://radioinsight.com/headlines/376614/another-round-of-layoffs-ongoing-at-cumulus-media/
Nashville, Tennessee