"The company will have ten days to file a written appeal."
Dee will transition into a new role as a senior advisor with the company.
The company brought in $319.4 million in the quarter.
On Thursday, Audacy announced the launch of 2400Sports, a podcast studio will house Audacy Sports’ digital audio content.
"CEO David Field issued an internal memo last night announcing the promotion of 10 key people and the addition of another."
"Staffs are being trimmed, and full-time employees earning over $50K annually are taking 10-20% pay cuts."
"The network launch calls for over 65 hours of daily, live programming available exclusively on the Radio.com platform in both audio and video."
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