Isn't Greater Media based in the Boston area? If that's the case, I'm wondering if they're not referring to corporate cuts. Rumors in the trades seem to indicate almost no one from Greater Media's corporate office will be retained. However, as the good raccoon points out, Beasley has been indicating it will make further cuts everywhere.
As I've mentioned before, Beasley is generally a good company, but it likes to do things it's own way. It seems to think, when it comes to Greater Media, it thinks it can run those stations both cheaper and better.