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4 Local Clear Channel employees to be let go!

You sometimes have to take Jerry with a grain of salt. He takes the "sky is falling" stance to sell subscriptions. It works. He's an entertaining read. Sometimes he is wrong. Sometimes he is right.
 
Last two layoffs he nailed to the day.

I would bet he is right
[/quote]

please document that statement no one including me believes you
 
whopper said:
For those of us who aren't literally buying the story, could you give us a brief summary of Jerry's scoop?
Click to expand...

CC board to pick "employees most necessary to terminate" to run company "more efficiently and less costly"

4 names per CC market to be terminated.

Names due by this Friday.

Cuts by end of June at latest.

Claim is it has come from an official source inside CC who has ratted them out.
 
That was more of a personal issue. It's apparent that he is not a fan of "big radio". He has plenty of articles on other major companies as well.

He is VERY well connected with alot of higher ups at CC. He gets forwarded confidential emails from Pittman and Hogan themselves. The last few rounds of layoffs he was on the money right to the day and departments. I had emailed him right before the big round last year and the conclusion was reached that I should pack my office up that night. I did, and sure enough I was escorted out of the building the next day.

I do think he uses some writing tactics in the "teaser" section of his articles to get subscriptions. With that aside, if he says major layoffs are coming, they are coming.
 
freqdev said:
mr del colliano has an axe to grind with cc

http://www.medialifemagazine.com:8080/news2001/july01/july23/5_fri/news1friday.html
Click to expand...

Freqdev sounds like a cc koolaid sipper. 20 plus billion in debt and lost over 420 million last year, it's a certainty Colliano made it up to keep "ax grinding". CC wouldn't layoff people-again...things are going GREAT there.

Iheart is a failure and google and Apple are getting into the radio business. Layoffs? NAH! Just an old fart with an ax to grind.
Don't worry, here's some more koolaid. CC is a worldwide "digital media company." Pittman started MTV ya know? MMMM, koolaid good....

Layoff good people? NEVER!

My guess is Freqdav is a cc employee-for how long-who knows? Watch your back, these guys will cut you!
 
johnarbuckle said:
That was more of a personal issue. It's apparent that he is not a fan of "big radio". He has plenty of articles on other major companies as well.

He is VERY well connected with alot of higher ups at CC. He gets forwarded confidential emails from Pittman and Hogan themselves. The last few rounds of layoffs he was on the money right to the day and departments. I had emailed him right before the big round last year and the conclusion was reached that I should pack my office up that night. I did, and sure enough I was escorted out of the building the next day.

I do think he uses some writing tactics in the "teaser" section of his articles to get subscriptions. With that aside, if he says major layoffs are coming, they are coming.
Click to expand...

What HE said!!

Sorry they got you last time, you were probably a good or great employee-they don't care about that though when it comes to these RIFFS-not at all!
 
Sincere question. Who does CC Columbia have left to cut? The talent they have left seems to be doing well in the ratings and it is the only local revenue in the building.
 
I'm not familiar with their local operations any more. My guess is that they'd seek to further consolidate back office operations such as accounting, traffic, and production to another "hub." My guess is as good as anybody's whether that is possible or has been done lately.

Is there some truth to the notion of further layoffs? Probably. As for a fixed number in every market? I can't see how one could decide to do that without going market by market and evaluating where you could save further overhead. That said, large organizations sometimes announce a hard and fast rule regardless of the impact. That's what made Dilbert so humorous.
 
Well, given Pittman's stance lately, I suspect the layoffs will happen pretty much as Jer says. Pittman, who was supposed to be such a great guy and student of radio, isn't. And since he's supposedly such a philanthropist, I wonder if he'll throw some of that charity money towards those he puts out of work...or will he once again, um, er, uhhhh, turn a blind eye?
 
jamesh said:
Iheart is a failure and google and Apple are getting into the radio business.
Click to expand...

The key thing though is they're not doing traditional local radio with air personalities. If that was what the public wanted, those companies certainly have the deep pockets to fund it. Yet they know the public just wants the music and nothing else. Maybe they know something.
 
Im sorry BigA - but this has never had anything to do with what the public wanted.
The public was never a consideration.
Deregulation laws weren't re-written for the public - they were re-written to maximize profit. Period.
Once there was no more profit to be made, expenses were (and continue to be) cut to make up the difference
Again, not once was the public ever a factor.
 
GordonSims said:
Im sorry BigA - but this has never had anything to do with what the public wanted.
The public was never a consideration.
Click to expand...

I'm sorry, but there's nothing in the deregulation laws about firing staff. Deregulation has nothing to do with cutting airstaff, and I know lots of mom & pop stations that are doing the exact same thing, including several in South Carolina.

What you're seeing now has more to do with technology and falling ad rates than some law that was passed 15 years ago. Otherwise, they would have done all this back then.

Meanwhile, as I said, if the public really wanted local airstaffs, Google and Apple have the money to hire them. But they aren't.
 
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