leaked Clear Channel memo


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Posted by DOD on December 05, 2008 at 13:39:12:

(ALLEGED) CLEAR CHANNEL REDUCTION PLAN


An anonymous source forwarded this to me. It allegedly was sent by a Clear Channel employee to his/her colleagues.

This might be entirely fictitious. Then again, it might not.

I have removed any references that might identify the originator.


They are getting ready to unload a majority of the programming payroll in the company. Moved budget process to Jan so they could do it with Bain. If you work in a non-essential programming or talent position in a market beyond Top 25-50, please beware. This will also effect production, traffic, sales, IT and other positions where duties could be handled by one person.

Air talent - They are going to feed formats to above 25-30 top markets from San Antonio and other markets to start in 2009. PD's and jocks in these stations will be let go. OM's will program the entire cluster.

Make your plans now. They will not be paying giant severances as promised in July. That meant if you lost your job because of the transfer of power from Mays to Bain, you would be paid large. (Name Deleted) found this out last week and it's leaking out from VP's in the company. In (Market) where I was let go, this means all of those duplicate traffic positions, assistant IT, production people, traffic, news and promotions assistant will be absorbed by others. Most of the (Market) stations will be ordered to be voice tracked sooner than later.

Don't let them call you into an office, you need to have the upper hand and have another job and quit on them before they blast you. Again this isn't coming from me, I like the group there and don't want to see them get caught in a whirlwind.


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