In a second wave of layoffs this year, Clear Channel Radio eliminated 590 positions Tuesday, or just under 3% of its December 2008 staffing level. The cutbacks follow a Jan. 20 purge of 9% of the company's workforce in January. Combined the two rounds amount to approximately 2,500 employees or 11.7% of its staff, according to a Clear Channel spokesperson, and complete a months-long process based on an analysis of the company by Bain Consulting.
While the January cutbacks largely affected the top broadcaster's sales force, the new cuts are focused on operations, including engineering, It and local accounting and customer service operations. A number of on-air and Pd positions were also affected, a result of local Pd decisions to replace under-performing dayparts with syndication, voicetracking or offerings from the company's new Premium Choice program.
At corporate headquarters in San Antonio, Clear Channel Radio eliminated a corporate marketing group that included senior VP of marketing Sanda Coyle,...
While the January cutbacks largely affected the top broadcaster's sales force, the new cuts are focused on operations, including engineering, It and local accounting and customer service operations. A number of on-air and Pd positions were also affected, a result of local Pd decisions to replace under-performing dayparts with syndication, voicetracking or offerings from the company's new Premium Choice program.
At corporate headquarters in San Antonio, Clear Channel Radio eliminated a corporate marketing group that included senior VP of marketing Sanda Coyle,...
- 4/28/2009
- The Hollywood Reporter - Movie News
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