Mumbrellacast: Is it all doom and gloom? Plus new boss for IPG Mediabrands and Nine wins the year
This week, radio company Southern Cross Austereo was forced into mass redundancies, with around 90 roles cut from across the business. It has been a tough end to the year for SCA, after posting a warning to its shareholders on the ASX in October noting weak media and advertising markets, but the Mumbrellacast team doesn’t think the radio business is alone in its plight, with more redundancies to come from across the industry.
