Audacy Plans to Cut Jobs in Its Pineapple Podcast Division

Audacy Inc., a radio broadcaster reorganizing in US bankruptcy court, announced plans to cut a number of positions in its Pineapple Street podcast division.

The reductions amount to 12 positions, or about 25% of the staff, according to a person with knowledge of the matter who asked not to be identified.

A number of factors weighed on the company, including recent entertainment industry strikes, tighter marketing budgets and waning demand for limited-run, narrative series.

“We are continuing to optimize our structure to align with the podcast market opportunity and set us up for continued growth,” the company said. “Unfortunately, ...