iHeartMedia layoffs, on the record
Every job cut, severance charge and restructuring iHeartMedia reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from approximately 10,800 to approximately 9,550.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 10,800 | December 31, 2023 |
| 10-K for 2024 | approximately 10,100 | December 31, 2024 |
| 10-K for 2025 | approximately 9,550 | December 31, 2025 |
Job cuts, severance and restructuring
Our summaryThe company reported restructuring expenses of $60.4 million for 2023, which the filing says primarily include severance tied to cost saving initiatives.
Word for word“Restructuring expenses primarily include severance expenses incurred in connection with cost saving initiatives, as well as certain expenses, which, in the view of management, are outside the ordinary course of business or otherwise not representative of the Company's operations during a normal business cycle.” 10-K for 2023
| Fiscal year ended | Restructuring charges |
|---|---|
| 2020-12-31 | $100.4 million |
| 2021-12-31 | $73.3 million |
| 2022-12-31 | $75.8 million |
| 2023-12-31 | $60.4 million |
| 2024-12-31 | $101.4 million |
| 2025-12-31 | $77.7 million |
iHeartMedia has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from iHeartMedia’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.