IHeartMedia layoffs achieve herd immunity status.

As the media giant struggles with the Coronavirus-related revenue declines, many of those who were temporarily furloughed have been informed that it’s now permanent, and other staffers are also being let go. According to a company memo from CEO Bob Pittman and CFO Rich Bressler, the fact that many employees had been working from home made the need for many of those jobs harder to justify.