Posted by Dr Doom on February 16, 2009 at 18:45:15:
Another massive amount of pink slips are going to be issued on Feb 20th for Clear Channel. It follows along a 100-mile radius hub-and-spoke management plan.
This plan would purge market managers and assistants within a 100-mile radius of a larger market. There's also the most obvious of imminent job cuts - program directors and air talent.
It's a problem not exclusive to Clear Channel. We'll see a few radio chains filing for financial bankruptcy this year. Their moral bankruptcy occurred some time prior.