Rogers Sports & Media Announces Layoffs in Audio Division

The company cites an uncertain advertising market as the reason for cutting several dozen jobs without closing stations or cutting programming.

Rogers Sports & Media has laid off a few dozen employees in its audio business, citing uncertainty in the advertising market.
The company confirmed that no radio stations or podcasts will be closed or cancelled despite the layoffs.
Rogers Sports & Media operates the largest ad-supported audio network in Canada, reaching eight million Canadians monthly.
The layoffs are part of a broader trend in the media industry, with other companies like BCE and Corus Entertainment also making cuts due to declining ad revenues.
Despite the layoffs, Rogers reported an 11% increase in media revenue in its third quarter, driven by higher sports-related earnings.