While I have no inside information on this situation, it appears to this disinterested observer to be real.
First, the timing. Perhaps the timing is not unlike that Clear Channel used to use -- dumping people just before Thanksgiving. This allows the company to give 30 days severance that expires in time to have the employee off the books by the beginning of the year. Perhaps Citadel is doing the same thing?
Secondly, in the current climate, it would be in very poor taste to make jokes out of people losing jobs. I am among the most crass, cynical and uncouth people on Earth, and even I wouldn't do it.
Plus, Elder appears to have been scrubbed form the website in true Orwellian fashion, fitting of "MiniTrue." If this is a stunt, Winston Smith was likely involved.
I hope I'm wrong.
DE