Unlimited Access. Try it Today! Your First 10 Days Always $0.99

Topics

LIVE COVERAGE
Radio World Corporation
Nielsen to lay off 333 in Md.
Nielsen to lay off 333 in Md.

Media ratings firm Nielsen Holdings plans to lay off 333 workers in Columbia — more than one-third of the workforce at what had been Arbitron Inc.'s headquarters — as the two former rivals combine their businesses. New York-based Nielsen, which closed the $1.3 billion purchase of Arbitron in September, immediately renamed the radio ratings company Nielsen Audio and told Wall Street analysts it expected "wonderful cost synergies" as it meshed the two firms. Company officials declined to comment on the cuts but said they are "implementing changes across the company to enhance growth and to align our resources." "These changes will improve...

Loading

64°