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CC FRESNO BLOW OUTS

BTW all non contractual employees who get fired, based on the CC SEC filing of May 2007 - Here's what you get:

Years of Service at Termination Amount of Severance

Less than 6 months 1 month of Base pay
At least 6 months but less than one year 3 months of Base pay
One to less than three years 6 months of Base pay
Three years or more 9 months of Base pay
 
What does this mean? Is KHGE finally going to flip? Is KFSO which is in the PINEAPPLE TRUST finally being sold?
 
stonesmarconi said:
BTW all non contractual employees who get fired, based on the CC SEC filing of May 2007 - Here's what you get:

Years of Service at Termination Amount of Severance

Less than 6 months 1 month of Base pay
At least 6 months but less than one year 3 months of Base pay
One to less than three years 6 months of Base pay
Three years or more 9 months of Base pay
Click to expand...


Huh?

THese payouts seem EXTREMELY generous by any standard.

Am I missing something?

You work there for 3 years and you get 9 months severance?
 
Does any of this have anything to do with CUMULUS taking over some small market CC stations?
 
who's gone? i still hear the same dj's on the air on KBOS & KRZR
 
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