Clear Channel Layoffs

[kneedinthegroin]

Clear Channel just laid off several radio folks in my market. Are they doing the same at TV stations and radio in other market? (We only have radio here)

[Diplomat]

Yes, layoffs have occurred in several radio markets. The TV stations are for sale.

[gdiamante]

Several CC employees were laid off at the radio station where I worked until last month. Others, including myself, were asked to take a pay cut.

I jumped over to the local TV station instead. Less money than I *had* been making, but more than I ws *going* to be making.

All CC clusters were ordered to make big budget cuts even before word of the sale. That probably won't change.

[DoneThatToo]

Originally posted by gdiamante:
Several CC employees were laid off at the radio station where I worked until last month. Others, including myself, were asked to take a pay cut.

I jumped over to the local TV station instead. Less money than I *had* been making, but more than I ws *going* to be making.

All CC clusters were ordered to make big budget cuts even before word of the sale. That probably won't change.Make the budget cuts = improve the bottom line = easier to sell.

[Kace]

It's quite an experience to get a job at a corporate radio cluster when it's in the early stages of a changeover, where people are leaving or being let go.

[Clubbeat]

I worked for them a few years ago. Glad I got out when I did. I'm sure it was a variety of things that did them in including their McDonalds approach to programming.

Good luck to those who got caught up in the sale!