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CEO News

She was challenged several weeks ago on this board to go on CNBC to be interviewed and by golly, she did ! Albeit a soft ball interview with Sharon Epperson for DEI reasons.

Let's be honest here, if she interviewed with Jim Cramer, David Faber, or Sara Eisen, she'd be eaten alive trying to defend her missteps. It is ironic that even Roger Ferguson has appeared on CNBC as a contributor more times in the last year, then Duckett has appeared on CNBC in 5 yrs.

There are rumors and whispers she is losing internal support. All of a sudden, we see a flurry of activity from her lately in an attempt to save face and her job. So many speeches and public appearances that she has no real time to run TIAA like she is supposed to and this begs the question; who is really running TIAA ? She is paid millions and the company is chaos and no one is at the helm. She collects hundreds of thousands of dollars as a Nike Board Member & a pair of Air Jordans.

Instead, they have Jay Leno headline the TIAA FutureWise conference with the CEO laughing herself all the way to the Bank while many long term TIAA employees are being laid off. Shoot, maybe is she ran AI to run the company, it would be in much better financial shape today. It's funny how she criticized AI, but sold out to Accenture as they promised us the world with AI driven solutions which have not materialized.

TIAA FutureWise Conference (November 2025) In a discussion with CNBC, she advised that retirement investors should focus on building diversified portfolios and guaranteed income streams rather than worrying about an AI


The Facts We Know = Bankruptcy

  1. Fiserv is billions of dollars in debt
    2.profits dropped by 25%
  2. Clover lawsuit class action lawsuit underway.
  3. Lawsuit from 44% drop in stock underway. Billions lost
  4. Investment in AI with no immediate revenue stream to support it.
  5. Investigation by Senate on contracts
  6. Media stock analyst saying do not invest in Fiserv

Media Coverage - Verizon Layoffs - November 2025

AP News
Title: Verizon is cutting more than 13,000 jobs as it works to 'reorient' entire company
URL: https://apnews.com/article/verizon-layoffs-economy-jobs-1aa299fc28b8e7211188f9b084d1048c

Verizon is cutting more than 13,000 jobs, representing about 20% of its management workforce, as new CEO Dan Schulman seeks to reduce costs and refocus the company on customer experience. The layoffs, which began November 20, 2025, are the largest in company history and come as Verizon faces intense competition from AT&T and T-Mobile.

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CNBC
Title: Verizon cutting more than 13,000 jobs as it restructures
URL: https://www.cnbc.com/2025/11/20/verizon-cutting-more-than-13000-jobs-as-it-restructures-.html

Verizon announced it will lay off more than 13,000 workers and convert 179 corporate stores to franchises as part of a major restructuring under CEO Dan Schulman. The company lost 7,000 postpaid subscribers in Q3 while competitors AT&T and T-Mobile posted gains, prompting the need for operational changes.

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The Wall Street Journal
Title: Verizon Begins Laying Off More Than 13,000 Employees
URL: https://www.wsj.com/business/telecom/verizon-begins-laying-off-more-than-13000-employees-b227641f

Verizon began notifying employees Thursday of layoffs affecting more than 13,000 workers, marking the carrier's largest-ever job reduction. CEO Dan Schulman said the cuts are necessary to address the company's cost structure and reverse recent customer losses to competitors.

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The Hill
Title: Verizon laying off more than 13,000 workers
URL: https://thehill.com/homenews/5615298-verizon-layoffs-13000-workers/

Verizon is laying off more than 13,000 workers to trim costs and increase investments, according to CEO Dan Schulman. The cuts represent 20% of the workforce and come as the company lost 7,000 net postpaid phone connections while rivals gained subscribers.

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The Verge
Title: Verizon is laying off over 13,000 workers
URL: https://www.theverge.com/news/824970/verizon-layoffs-13-percent-employees

Verizon is preparing to lay off more than 13,000 employees, or about 13% of its workforce, as part of plans to cut costs and "reorient" around customers. The company will offer a $20 million reskilling fund for impacted workers while also franchising 180-200 stores.

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Bloomberg
Title: Verizon Cuts Nonunion Workforce 20% in Cost-Slashing Campaign
URL: https://www.bloomberg.com/news/articles/2025-11-20/verizon-cuts-nonunion-workforce-20-in-cost-slashing-campaign

Verizon announced layoffs that will shrink the company's nonunion workforce by up to 20%, affecting more than 13,000 employees. New CEO Dan Schulman, who took over in October after two consecutive quarters of subscriber losses, promised a "simpler, leaner and scrappier" business.

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USA TODAY
Title: Verizon laying off more than 13,000 non-union employees, CEO says
URL: https://www.usatoday.com/story/money/2025/11/20/verizon-employee-layoffs/87371341007/

Verizon is laying off more than 13,000 employees due to "cost structure limits," impacting roughly 20% of non-union management. CEO Dan Schulman established a $20 million Reskilling and Career Transition Fund for those affected by the layoffs.

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CBS News
Title: Verizon CEO Dan Schulman says the company is cutting 13,000 jobs
URL: https://www.cbsnews.com/news/verizon-layoffs-13000-job-cuts-ceo-dan-schulman/

Verizon CEO Dan Schulman announced the company is cutting 13,000 employees, or about 13% of its workforce, as it seeks to slash costs and restructure operations. Schulman said the current cost structure limits the company's ability to invest in its customer value proposition.

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Business Insider
Title: Verizon says it will lay off 13,000 workers as its new CEO seeks a 'faster and more focused' company. Read the full memo
URL: https://www.businessinsider.com/verizon-layoffs-13000-workers-job-cuts-dan-schulman-ceo-message-2025-11

Verizon plans to lay off 13,000 employees as new CEO Dan Schulman seeks a "faster and more focused" company through cost reductions. Schulman became CEO last month and has said he wants to create a "simpler, leaner, and scrappier" company after worse-than-expected quarterly earnings.

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Reuters
Title: Verizon cutting more than 13,000 jobs as it restructures
URL: https://www.reuters.com/business/world-at-work/verizon-cutting-more-than-13000-jobs-it-restructures-2025-11-20/

Verizon will cut more than 13,000 jobs in its largest single layoff, while converting 179 corporate-owned retail stores to franchises. The wireless carrier faces mounting market pressure with a shrinking pool of new customers as rivals offer cheaper plans and cable operators enter the market.

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Barron's
Title: Why Verizon Is Firing 13,000 Employees, in the Company's Own Words
URL: https://www.barrons.com/articles/verizon-job-cuts-stock-ceo-letter-e2efc20c

Verizon CEO Daniel Schulman announced over 13,000 employee layoffs in an email to staff, saying the company needs to "reorient" and change its cost structure to invest in market leadership. The cuts represent the largest layoff in company history, coming after Verizon lost 7,000 retail postpaid phone customers in the third quarter.


Qualcomm’s longest-serving employee

A heart warming article on WSJ about the longest serving employee of QC..

De... ..nch at Qualcomm
Principal engineer/manager
Age: 61
Date hired: 1987

Early days: Qualcomm’s longest-serving employee moved to San Diego after college, looking for warm weather. He saw a classified ad in the San Diego Union-Tribune in 1987 and applied for a role as a technician. He was 22. “I had no idea what the company was,” he said. Qualcomm would go on to power the technology used inside millions of cellphones and other devices, with Punch working on many of the company’s key projects.


Chris McCarthy Moving to 101 Studios/NBCU

Chris McCarthy being “let go” as co-CEO back in August was probably the first sensible decision Paramount’s made in years. The man’s entire career has been one long masterclass in failing upward. Now he’s probably slinking over to 101 Studios or NBCU to “collaborate” with Taylor Sheridan, who’s already planning his big exit from Paramount in 2028. It’s the perfect Hollywood farce. One guy can’t keep a job without wrecking it, the other’s counting down the days till he can cash out and ride off on a horse named Ego. You decide which is which. Chris somehow walks away with a multi-million dollar payout for achieving absolutely nothing, proving once again that in this town, being useless isn’t a flaw,it’s a business model. That's right, Amy, Liza, Laurel, Nina, and co.


I'm curious if "Project M" was leaked by employees or if DELL leaked it themselves

BI - Business Insider has an entire story about this NDA thing and much of it is accurate however, I can't help but wonder if it was EMPLOYEES who leaked all this or if Dell did it to try and gain interest or something...

Kind of how Apple leaks product info/details about new products.

Dell isn't "selling" a new product here but what they are doing is moving towards a new platform and it's possible by Dell leaking this, it'd make customers/future customers think "hey, I like what they are doing! Let's think about Dell instead of HP!"


Media Coverage So Far

#1
Title: Paramount Layoffs Begin: David Ellison Tells Staff Restructuring Required to Address “Evolving Priorities”
URL: https://www.hollywoodreporter.com/business/business-news/major-paramount-layoffs-begin-david-ellison-1236409846/
Publisher: The Hollywood Reporter
Summary: Paramount CEO David Ellison began major layoffs affecting about 1,000 employees as part of a company-wide restructuring aimed at long-term growth. Ellison’s memo explained that the cuts target redundancies and roles misaligned with the company’s new priorities following Skydance’s takeover. The layoffs precede Paramount’s first earnings call under Ellison, who has promised major investments in UFC rights, “Call of Duty” films, and The Free Press.


#2
Title: Paramount Layoffs Hit Motion Picture Execs In Production, Marketing, Music & More; Studio Co-Chairs Say, “Today Has Been A Difficult One”
URL: https://deadline.com/2025/10/paramount-layoffs-film-1236602096/
Publisher: Deadline
Summary: Paramount’s film divisions were hit hard by layoffs, with around 1,000 employees losing their jobs as part of CEO David Ellison’s restructuring. Veteran executives including Randy Spendlove, Bryan Oh, and Geoff Stier were among those departing. Studio co-chairs Dana Goldberg and Josh Greenstein said the cuts mark a pivotal “right-sizing” effort to refocus the studio for future opportunities.


#3
Title: Paramount Layoffs Impact TV Executives Across CBS, MTV, BET & Distribution
URL: https://deadline.com/2025/10/paramount-tv-layoffs-executives-leaving-1236600984/
Publisher: Deadline
Summary: Paramount’s television arm faced widespread layoffs affecting CBS, MTV, BET, and Paramount+. Roughly 1,000 employees were cut as the company seeks $2 billion in cost savings after merging with Skydance. High-profile departures include long-serving executives Pamela Soper, Rose Catherine Pinkney, and Amy Campbell, marking a deep reshaping of the TV division.


#4
Title: Paramount Skydance begins layoffs, plans to slash about 2,000 jobs
URL: https://www.nbcnews.com/business/media/paramount-skydance-layoffs-rcna240067
Publisher: NBC News
Summary: Paramount Skydance began a sweeping round of layoffs impacting 10% of its workforce, roughly 2,000 employees. The cuts come months after the Trump administration approved the Skydance-Paramount merger, which aimed to shift the company’s editorial direction and financial structure. CEO David Ellison’s strategy includes rebranding CBS News under Bari Weiss and targeting Warner Bros. Discovery for acquisition.


#5
Title: Paramount to Lay Off 2,000 Employees
URL: https://www.nytimes.com/2025/10/29/business/media/paramount-layoffs-skydance.html
Publisher: The New York Times
Summary: Paramount began eliminating more than 2,000 jobs, about 10% of its workforce, as part of its merger with Skydance. The layoffs affect CBS News, MTV, Nickelodeon, and Paramount Pictures, following Ellison’s push to eliminate redundancies and phase out misaligned roles. The cuts follow years of corporate reorganizations and signal continued consolidation in Hollywood.


#6
Title: Paramount lays off 1,000 workers in first round of cuts
URL: https://www.latimes.com/entertainment-arts/business/story/2025-10-29/paramount-1000-layoffs-skydance-david-ellison
Publisher: Los Angeles Times
Summary: Paramount began cutting 1,000 jobs in its first major post-merger layoffs, with another 1,000 planned later. The move affects CBS, Comedy Central, MTV, and the film studio, as Skydance seeks $2 billion in expense cuts. The layoffs also followed Skydance’s commitment to end diversity and inclusion programs to secure merger approval.


#7
Title: CBS News staffers lose jobs in ‘bloodbath’ as part of sweeping cuts from Paramount
URL: https://www.theguardian.com/media/2025/oct/29/cbs-news-layoffs-paramount
Publisher: The Guardian
Summary: Paramount’s layoffs hit CBS News particularly hard, with about 100 staffers losing jobs and the closure of its Johannesburg bureau. The network canceled several streaming shows and gutted its race and culture unit. New CBS News editor-in-chief Bari Weiss acknowledged the difficult day but emphasized support for affected staff.


#8
Title: Paramount begins laying off 2,000 people months after Skydance merger
URL: https://www.washingtonpost.com/business/2025/10/29/paramount-skydance-layoffs/
Publisher: The Washington Post
Summary: Two months after Skydance’s $8 billion acquisition of Paramount, CEO David Ellison announced 2,000 layoffs. The move aims to create a more “future-focused” company by cutting redundancies and streamlining operations. The reductions affect divisions across CBS and other Paramount media properties.


#9
Title: Paramount to lay off 1,000 employees, with more cuts expected
URL: https://www.cnbc.com/2025/10/29/paramount-to-lay-off-1000-employees-with-more-cuts-expected.html
Publisher: CNBC
Summary: Paramount Skydance began laying off about 1,000 workers, with another 1,000 to follow as part of its restructuring. CEO David Ellison said the cuts will help streamline operations and align with new growth priorities. The company continues to invest heavily in UFC rights and media acquisitions, including bids for Warner Bros. Discovery.


#10
Title: Paramount to lay off 2,000 people following Skydance merger
URL: https://www.axios.com/2025/10/29/paramount-layoffs-skydance-merger
Publisher: Axios
Summary: Paramount began the first round of layoffs since merging with Skydance, affecting about 1,000 employees across departments. The company expects a similar number of cuts later as it seeks $2 billion in savings. CBS News streaming programs were canceled and its Johannesburg bureau was closed amid a broader corporate overhaul.


#11
Title: Paramount to lay off 2,000 employees shortly after its merger with Skydance
URL: https://apnews.com/article/paramount-layoffs-skydance-merger-job-cuts-d98e6037d36254487112c833781b8f42
Publisher: Associated Press
Summary: Paramount is cutting 2,000 jobs, around 10% of its workforce, as it restructures following its $8 billion merger with Skydance. CEO David Ellison said the layoffs are part of efforts to streamline operations and find “opportunities to strengthen the business.” The company has also been linked to potential acquisition talks with Warner Bros. Discovery.


#12
Title: Read the memo Paramount Skydance sent to staffers after laying off 1,000 employees
URL: https://www.businessinsider.com/paramount-layoff-memo-1000-employees-ceo-david-ellison-2025-10
Publisher: Business Insider
Summary: Business Insider obtained the internal memo CEO David Ellison sent announcing Paramount’s layoffs. About 1,000 employees were immediately cut, with another 1,000 planned as part of $2 billion in savings. The message emphasized transparency and promised support for affected staff, as Paramount shifts focus to new growth areas.


#13
Title: CBS News to Overhaul Saturday Morning Show After Paramount Layoffs
URL: https://variety.com/2025/tv/news/cbs-saturday-morning-overhsil-paramount-layoffs-1236564636/
Publisher: Variety
Summary: CBS News will overhaul its Saturday morning show and shut down its Johannesburg bureau following Paramount’s layoffs. Around 100 jobs were lost across the division, including co-anchors Michelle Miller and Dana Jacobson. The changes follow the appointment of Bari Weiss as editor-in-chief, signaling a new editorial direction.


#14
Title: Paramount Layoffs Hit CBS News: Streaming Shows Canceled, Saturday Morning Show to Be Overhauled
URL: https://www.hollywoodreporter.com/tv/tv-news/cbs-news-layoffs-streaming-shows-canceled-saturday-morning-1236413139/
Publisher: The Hollywood Reporter
Summary: Paramount’s layoffs reached CBS News, canceling two streaming shows and leading to major staffing changes. The Saturday edition of “CBS Mornings” will be restructured, and the Johannesburg bureau will close. The cuts come amid efforts to consolidate operations and redirect resources under the new Skydance leadership.


#15
Title: Paramount Layoffs Hit TV Executives Across CBS, MTV, BET
URL: https://www.thewrap.com/paramount-layoffs-cbs-entertainment-mtv-bet/
Publisher: The Wrap
Summary: Paramount eliminated about 1,000 positions across CBS, MTV, BET, and CMT as part of a broad restructuring. Executives including Pamela Soper, Wendy Plaut, and Margaret Comeaux were among those affected. The company also canceled CBS News’ streaming programs and dissolved its race and culture division.


#16
Title: Paramount to cut 1,000 jobs in first round of layoffs, source says
URL: https://www.reuters.com/business/media-telecom/paramount-cut-1000-jobs-wednesday-first-round-layoffs-bloomberg-news-reports-2025-10-27/
Publisher: Reuters
Summary: Paramount Skydance will cut around 1,000 jobs in its first major round of layoffs, about 5% of its workforce. The move follows the $8.4 billion merger between Paramount Global and Skydance Media. Analysts link the cuts to broader consolidation efforts and ongoing talks about acquiring Warner Bros. Discovery.


#17
Title: Paramount CEO Memo Calls Mass Layoffs “Necessary”
URL: https://www.adweek.com/convergent-tv/paramount-ceo-memo-calls-mass-layoffs-necessary/
Publisher: Adweek
Summary: CEO David Ellison called Paramount’s layoffs “necessary” to realign the company for growth following its merger with Skydance. Around 1,000 positions were cut this week, with another 1,000 to follow. Ellison’s memo emphasized openness and long-term focus while acknowledging the human cost of the restructuring.


#18
Title: Paramount begins 2,000-person layoff amid Skydance merger fallout
URL: https://www.fastcompany.com/91431345/paramount-begins-2000-person-layoff-amid-skydance-merger-fallout
Publisher: Fast Company
Summary: Paramount began laying off 2,000 employees, half immediately, as it seeks $2 billion in cost savings following its merger with Skydance. Cuts hit CBS News, MTV, Nickelodeon, and the film studio, as Ellison described the layoffs as vital to future growth. Despite the cuts, Paramount is pursuing a $60 billion bid for Warner Bros. Discovery.


#19
Title: Paramount cuts jobs at KDKA-TV, affecting on-air talent
URL: https://www.bizjournals.com/pittsburgh/news/2025/10/29/paramount-cuts-kdka.html
Publisher: Pittsburgh Business Times
Summary: Paramount’s layoffs extended to its Pittsburgh television properties, including KDKA-TV and WPKD. Local on-air talent were among those affected as part of broader company-wide cuts. The move reflects the sweeping nature of Paramount’s restructuring, impacting both national and local operations.


#20
Title: Paramount Layoffs Begin; CEO David Ellison Says Cuts Are Key To Building “Strong, Future-Focused Company”
URL: https://deadline.com/2025/10/paramount-layoffs-begin-ceo-david-ellison-1236600654/
Publisher: Deadline
Summary: Paramount started laying off about 2,000 employees, nearly 10% of its staff, as part of its post-merger restructuring. CEO David Ellison framed the move as essential to create a “strong, future-focused” company. The cuts coincide with efforts to deliver $2 billion in savings while exploring acquisition opportunities like Warner Bros. Discovery.


Summarize Impacts in This Thread

I'll complile the list and send it to the admins, they will push it on Twitter and journalists will pick it up as they follow the admins on Twitter. I've sent emails to the Reporter and Variety already but other outlets need to pick it up. They are doing all of this behind the curtain and the public does not know.


Disneyland to lose 100 employees in round of layoffs

Several departments are expected to experience layoffs; however, Disneyland Resort declined to confirm which specific departments will be affected. At the time of writing, the California theme park has not filed a WARN notice.

https://www.sfgate.com/disneyland/article/disneyland-lose-100-employees-round-layoffs-21125544.php


To merge or not to merge?

Is the merge happening? Media has been pretty quiet about it. the most recent report was a clean team meeting was scheduled and it went well. Hope all goes well if the merge does happen but what's going to happen in certain markets. If pfg and usfood both delivering in the same area.who's going to take over those markets when you have delivery drivers and sales reps for both sides. I guess only time will tell if it's even going to happen or not happen.this is slow seasons but usfoods jist hired 10 drivers in my area.while we still have stand days going on. Doesn't make sense


Reuters Exclusive

Anyone else notice the trend?

CEP internal emails keep getting picked up by Reuters as their exclusive story. Latest was Canada. Surprised US hasn’t hit the news yet and just waiting for the Reuters Exclusive on that one…

Thoughts?


why do they always wait so long to do it?

My question is with all these layoffs - they always know it’s going to happen and have the lists so early. Why does management and execs always wait till a certain day to make the cuts? Why not just do it as soon as possible to avoid all this stress and anxiety for everyone with a date looming over? It really pi---s me off I’ve been through this so many times and it’s really like we’re all numbers on a sheet or a dollar amount not people with lives and families to take care of


Next Week (Oct 29, 2025)

I work in HR, and I can say with 99.9% confidence that the New York and Los Angeles layoffs are scheduled for Wednesday, October 29, 2025.

Before you read the following, know that yes, it's that bad! - Most line managers still have no idea what’s coming. Only a few will find out what’s happening on Friday afternoon or early next week. Yes, even some SVPs and EVPs have been kept completely in the dark about what’s happening to their own teams. This might be because they are also being laid off and haven’t been told yet, or due to concerns about leaks. It also shows that they hasn’t had much control over the process this time. The new Skydance leadership seems to dislike how, in previous rounds at paramount, some staff had early knowledge of what was coming, so this time they’re keeping everything very close to their chests. - Yes, there is still very much a use and them.

I know for certain that I’m being laid off. I found out by accident when I was mistakenly sent a spreadsheet listing my name. (I felt humiliated) Later, my manager confirmed it was accurate and told me I wasn’t supposed to have seen it. I was officially meant to be notified next Wednesday.

However, I’m not surprised to be included since most of the teams I support are also being cut.

Important: From what I know based on previous layoffs, there’s no real negotiation. Yes, you can try to push back or ask for more, but you probably won’t get anything extra, which honestly su-ks. All communication will eventually funnel through a general HR mailbox, and the replies will be completely generic.

If you think about holding out or trying to push for a better deal, don't bother. They won’t bend, and if you try, they simply won’t pay you. The company plans to go in hard on HR compliance and will not move on severance, timing, or terms. Why drag it out when the result is already decided?

This round of layoffs combines the old Paramount process with the new Paramount Skydance approach. The compensation structure hasn’t changed, but leadership is working extremely hard to keep everything under wraps until the official announcement. They want to show in the next earnings report that they saved far more money than expected.

I love this company, but I’m starting to lose faith in the new management. Don’t blame your team or department lead for what’s happening. Seriously! They’ve been kept in the dark just like everyone else.


NBC News layoffs

Layoffs hit NBC News Wednesday, with the network news division facing cuts ahead of Comcast’s spinoff of Versant. About 150 jobs were eliminated, representing about 2 percent of the workforce of the NBC News Group.

https://www.hollywoodreporter.com/business/business-news/nbc-news-layoffs-jobs-cut-ahead-msnbc-cnbc-split-versant-1236401602/


Journalists need to do better

"Amazon plans to cut 15% of workforce" - really? That's their title? Do they have any idea how many people that would be? They'd do anything just to get clicks these days. If somebody didn't know this was referring to the human resources department, it would have given them a mini heart attack.


Annual Fall Layoffs

iHeart has begun its annual fall layoffs amid a broader push for profitability, with speculation of hundreds of cuts nationwide. In Los Angeles, KFI 640 AM let go evening host Morris W. O’Kelly minus Mo’Kelly minus his producer Tawala Sharp, imaging director Clay Roe, and Real 92.3’s overnight host Chuck Dizzle. The moves come as KFI’s ratings have softened and the station adapts after leadership changes and newsroom cuts, though KFI still tied for 14th in the market in September.

CEO Bob Pittman’s 2024 compensation drew criticism in the piece, alongside a noted 46 percent staff reduction over 10 years across the company. Separate from the layoffs, a lawsuit filed by former Alt 98.7 morning co host Renae Ravey alleges age discrimination against show host Jeff Fife minus Woody minus which iHeart and Fife have not commented on.

iHeartMedia - Los Angeles CA -

https://www.ocregister.com/2025/10/13/radio-station-layoffs-add-to-the-chill-in-the-autumn-air/


Layoff details from media

Its Thursday, Oct. 9, announcement indicated that most of the cuts will occur at the company’s New York offices but that there also will be layoffs at its offices in Des Moines; Birmingham, Alabama; Chicago; Stamford, Connecticut; Seattle; and Los Angeles. Some employees who work remotely also will be let go.

The company did not disclose how many would be cut at each location, including Des Moines, and a layoff notice had not been posted on the Iowa Worker Adjustment and Retraining Notification, or WARN, site as of Thursday morning.

https://www.desmoinesregister.com/story/money/business/2025/10/09/people-inc-layoffs-des-moines-jobs/86601335007/


%6 gone (People Inc)

People Inc, formerly Dotdash Meredith, will cut 226 jobs, about 6 percent of staff, announced Thursday, Oct. 9. The cuts span all parts of the business and are framed as a strategic move to free money for growth, including the recent Feedfeed acquisition and investments in creator partnerships.

The company will continue to invest in its contextual ad targeting tech D/Cipher plus. People says search referrals are down due to zero click AI products, but off platform views are up, and an OpenAI licensing deal lifted Q2 licensing revenue by 23 percent year over year. Leadership says they embrace AI for optimization but AI will not create their content.


People Inc. announced more layoffs - How many in Des Moines???

People Inc. announced more layoffs.
The company was formerly Dotdash Meredith.
It will cut 226 jobs.
That is 6 percent of its workforce.
The announcement was Thursday, Oct. 9.
Most cuts are in New York.
There will also be layoffs in Des Moines, Birmingham, Chicago, Stamford, Seattle, and Los Angeles.
Some remote employees will be let go.


"MTV to axe its music TV channels in the UK" BBC

https://www.bbc.com/news/articles/cdr612yz8p0o

"MTV, the world's first 24-hour music broadcaster, is to stop showing rolling pop videos in the UK after almost 40 years when it closes five channels at the end of the year.

MTV Music, MTV 80s, MTV 90s, Club MTV and MTV Live will all stop broadcasting after 31 December, the BBC understands.

However, the flagship channel, MTV HD, will remain on air, showing reality series including Na--d Dating UK and Geordie Shore.

The move reflects a shift in viewing habits, with music videos largely consumed on YouTube and social media rather than television. A spokesman for MTV's parent company, Paramount, declined to comment."

"Wider layoffs
Paramount is also expected to close MTV music channels in countries including Australia, Poland, France and Brazil, according to media reports in those countries."

October 10 2025 BBC