As MBW reports, the latest staffing changes have made waves due to the statement that came with the news citing a renewed investment in artificial intelligence. "We are modernizing our company to take advantage of the significant investments we have made in new technology and aligning our operating structure to match the technology-powered businesses we are now in," said iHeartMedia. It's believed that the 57 are mostly radio jocks carry decades of experience working across genres of music including Rock, Urban, Country, Top 40, Hits and more. "During a transition like this it's reasonable to expect that there will be some shifts in jobs – some by location and some by function – but the number is relatively small given our overall employee base of 12,500." "That said, we recognize that the loss of any job is significant; we take that responsibility seriously and have been thoughtful in the process."

Jenna Dewan Tatum, Laverne Cox, Ashanti, Eve and Iggy Azelea discuss their fashion choices on the red carpet at the iHeartRadio Music Awards. Pharrell Williams and Shay Haley of the band N.E.R.D. perform their song "Lemon" during the 2018 iHeartRadio Music Awards in Inglewood, Calif. The nation's largest radio station operator iHeartMedia has filed for Chapter 11 bankruptcy to shed billions of debt it has been saddled with for more than a decade. The San Antonio-based company, which has more than 850 radio stations, says it will continue to keep operating after reaching an agreement with creditors for more than $10 billion of its $20 billion in debt. That means its popular iHeartRadio streaming radio app, which has 270 million monthly listeners, will continue to be found on smartphones, video game consoles and other devices.