In 2010 Communicorp became a major shareholder in Phantom. Numerous changes, including staff layoffs, have been made to the station since 2011 as it struggled to make an impression in an increasingly competitive Dublin market and in a recession-hit economy. Some of the station founders left Phantom, including Simon Maher, Ger Roe and Sinister Pete. In March 2014, a number of Phantom staff were laid off - both presenters and behind the scene. Long-time presenters such as Jack Hyland, Ritchie McCormack and Ritche Ryan lost their jobs. The Phantom brand officially ceased around midnight 16 March. The station called itself 105.2 FM until Monday 31 March, when it relaunched itself as TXFM with a new schedule. Some Phantom presenters from the pirate era survived these changes including John Caddell and Cathal Funge. TXFM ceased airing in October 2016.