Posted by karyn on January 20, 2009 at 14:32:58:
In Reply to: Re: Restructuring Underway At Clear Channel posted by yawn on January 20, 2009 at 11:04:00:
Expect more.
Developing a radio station to garner ratings isn't the goal any longer. Clear Channel will have X number of formats that will be delivered nationally with a bare minimum of local employees. This is cost-efficient. National ad buys by format will be the goal.
: Hmm.. not to deprioritize anyone's job or anything.. because losing any job sucks.. but so far the firings have been *snooze* compared to all the buildup. And nothing locally. Guess we'll see.
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: : TODAY (1/20) is the day the industry expected a round of layoffs to happen at CLEAR CHANNEL -- and that is, in fact, the case.