Posted by It's coming on February 18, 2009 at 21:51:44:
In Reply to: Black Friday Is Coming! posted by Dr Doom on February 16, 2009 at 18:46:04:
Saw this from Tom Taylor:
A lot of Clear Channel folks dread Friday, February 20 - fearing more cuts.
The last time it was the 20th day of a month, 1,850 people from across all of Clear Channel had their futures altered. That was Inauguration Day, a good day for Barack Obama but not for hundreds of Clear Channel employees and their families. This next "20th day" has already gained notoriety for the supposed cuts in the traffic departments, continuity and even market managers in some smaller markets. I'm hearing that speculation more loudly now, from some of the same quarters I was tuned in to back around New Year's. And also hearing there may be cuts at Clear Channel corporate in San Antonio. It's the uncertainty that really rattles peoples' chains, isn't it? The not knowing, and not hearing any communications from above. From what I can tell, at the New Clear Channel, it's still all about the numbers. Speaking of "the numbers" - Clear Channel will reveal its fourth quarter results on Monday morning, March 2.
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