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Cumulus Media: Layoffs
Cumulus Media laid off a large number of people in the Cumulus Podcast Network division. Multiple senior leaders departed including VP of Podcast Operations and Production Jay Soderberg, SVP of Marketing and Podcasting Carolyn Chauncey, and Executive Producer Tanya Bustos. Company claims reports of entire department being 'gutted' are inaccurate but confirms restructuring.
Source: Podnews
The leadership read
Reductions rarely fall evenly, and the read is in the pattern. For Cumulus Media in the sector, cuts like this tend to protect — and sometimes deepen — leadership where the company is betting, while thinning the rest. Across Americas, watch which functions keep or add leadership; that is the strategy stated plainly.
Market context: This lands while the Talent Market Index reads 102.6 (Warm) — down 1.8 versus the prior month — and Americas signal share is easing (-2.2pts).
Cumulus Media: 1 signal in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 2 tracked across 114 days.
Also at Cumulus Media →
More signals across Americas
Layoffs · Americas
Zillow Group →Zillow Group laid off more than 500 employees (approximately 7% of workforce) on Tuesday, one day before second-quarter earnings report. Additional WARN notice shows 91 jobs cut in Washington state, with senior roles disproportionately affected.
Layoffs · Americas
Illinois Institute of Technology →Illinois Institute of Technology laid off 160 faculty and staff members as part of a major restructuring, citing challenges in international student enrollment and research cutbacks.
Layoffs · Americas
Monday.com →Monday.com announced 620-630 employee layoffs (20% of global workforce) on July 22, 2026, framed as strategic realignment aligned with AI-first pivot rather than cost-cutting.
Layoffs · Americas
Epic Games →Epic Games cut 1,000 employees in March 2026 due to declining Fortnite engagement.
Layoffs · Americas
Electronic Arts (EA) →EA CEO received $38.6M in compensation during a year the company cut developers behind a best-selling game; additional $125M in potential future compensation indicates major organizational restructuring activity.
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