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CC laying off 20% of workforce on 1/5?

dallasboyz said:
Greed? You have to be kidding me.

Since when is a business a non-profit?

It's not.

For those that complain about the state of the industry, For those that complain about "greed", For those that complain because they aren't as far along in their career as they want to be; do something about it.

You come off like whiney babies. Of course it's "greed". It's capitalism.

It's not the responsibility of a CEO to look out for every single little man. Its the responsibility of the CEO to turn as much of a profit as possible. And if that CEO can't do it, someone will.

Stop blaming your shortcomings on someone else. You either don't have the talent or work ethic to be successful.

I think I speak for everyone here... Could we have you use your talent to do something only you are so qualified to do... Could you utter the following 2 words:

"BAH HUMBUG"
 
Re: Dallasboyz post,

Isn't it interesting how the truth about these companies big wigs and their GREED strikes such a raw nerve when its pointed out to them? lol...they just don't get it!
 
Im not a big wig. Just someone that is a realist. I can be affected by layoffs as you can.

However, I understand that its nothing personal. And if I didn't like the business, I would get out. Not incessantly complain about how I wish it were better.
 
A realist realizes bad things can happen to good people. I agree with you that it's a waste of time to whine and moan
about the state of the radio world, but you have to admit that the sense of security (as if there ever even was a hint of it)
for a job well done is at zero. You can do everything perfectly and be shown the door. After that has happened
three or four times, you become dazed and cynical like the rest. It's not like this industry is the end all of careers. Uh,
sorry for the poor choice of words. It's just a few old timers remeber when IT MATTERED to a lot of people and they
appreciated it. That it no longer matters is a horrible sign of American greed, the desire to get to the top at any cost
and bad side of competiton. You can't run a good business if you trust no one and that's what the world has come to.
Truth or not, it's wrong and someone would think one CEO or manager would actually go fight the windmills and cry foul
on this mindset. Radio will implode if it cuts any more. Look how horrible things are now, and we're just months into the
rough economy. Give it another 9 months and see how the landscape looks.
 
Tibbs2 said:
. Look how horrible things are now, and we're just months into the
rough economy. Give it another 9 months and see how the landscape looks.

Radio was the canary in the economic mine. Things turned flat or slightly down in late 2006, and 2007 was one of radio's 3 down years since 1960. The industry has been in a recession for as much as 30 months, while economists cite late 2007 as the start of the current problems.
 
fredcantu said:
Uh... Doesn't the canary always die in the mine?

They generally get the people and the canary out before death.
 
radioeye said:
If sales at CC are down in the 10-20% range, that's money that goes to the bottom line. Lose it, and a 10-20% cut in salaries does little to deal with the problem.
WHAS (Clear Channel's news outlet in Louisville) just removed Paul Harvey. This is one of the reasons I listened to that station. If in the next round of cut, they take off more local hosts, I will simply stop listening to the station. I enjoy the other station that carries Paul Harvey. They have local news at the top of the hour, and ABC News too, plus they play good music and take requests. Its WAKY 103.5 in Radcliff, KY and you can check it out online at http://www.waky1035.com/. Oh and its locally owned!
 
So DALLASBOYZZZZZZZZZZZZZZ....everyone who gets fired has no talent and poor work ethic?
 
It'll be interesting to see what happens at the corporate meeting in Dallas next week. According to a little blurb in AllAccess, Mr. Mays may be pushing a more positive approach to dealing with the crappy economy and encouraging focus among the ranks. Will that focus entail OM's and PD's doing triple duty? Outsourcing more? I'm sitting here forcing myself to listen to their SA SoftAC station and I think there is somebody on the air, but in 30 minutes I've heard nothing out of her mouth. Not one word. Do they pay someone to sit in the studio and do nothing? Why would anyone listen to that? Even on satellite radio, the jocks are at least present every few tunes with something relevant to say. I know Soft AC can be a bit dry, but it really doesn't have to be. Human interaction and the jock/listener relationship should be very very important! I wish to freakin God operators will wake up and start utilizing that aspect of this business again. Of course, you always get what you pay for.

Oh wait, she just said "68 degrees at Q1019". That's it...next tune. Oh my... 4 words in 35 minutes. LOL
 
A NOTE FROM MARK


Good morning.

Beginnings are a gift.They are an opportunity to put past disappointments behind us. They are a chance to tap new resolve. They allow us the prospect for renewal.

As we head into 2009, we will need to take advantage of all of this and more.

There are two generations now in the workforce that have yet to feel the effects of a significant recession in their working lives. While there certainly have been recessions in specific business sectors over the past 20 years, what we are looking at in 2009 is broad, deep and sustained.

These types of recessions can be brutal things.They force tough decisions every day. The demand focus and clarity all the time. And they test our resolve…regularly.

So what's the best strategy for this environment? Well, it's three-fold.

1. Focus. Our ability to focus as a company and as individuals on our most productive priorities will define our success in 2009. Because focus is the ability to spot change – whether a new opportunity or a potentially negative change in customer behaviors – and respond to it rapidly. Focus is the ability to get the job done amidst the uncertainty and distraction that a recession can bring. And ultimately, focus gives us the opportunity to succeed when others fail.

2. Resilience. The next year may well see once-strong competitors disappear. Recessions also upend cherished ways of doing business. And as we've already seen throughout the industry, recessions drive change that is fast and hard. Through all of this, it will be the ability to see the glass half full – to make the choice to focus on the opportunities instead of the losses – to keep coming back until interest is converted into action, that will define the winners in 2009. We will face continued challenges in the new year – and our ability to handle them with grace and resilience has never been more important.

3. Determination. This recession will beat many. There will be obstacles that competitors and colleagues alike will find insurmountable. That, simply, cannot be us. We have always been the company that leads our industries out of the difficulties. We have always been the company that outperforms the pack. In 2009, that same determination that has historically made us strong must sustain us again.

So as we celebrate this new beginning, please also know that you have the focus and resilience and determination of the entire executive team alongside you. You have the best resources in the industry at your disposal. You have the confidence and the support of everyone in this organization.
 
Maybe she's automated. CC's big into voicetracking, you know ...

Radio is a BUSINESS in dire straights, economically. "Art and Service" businesses cost money, too. Ask NPR ... they jut laid off a bunch of "talent" too. It hits them, as well.
 
dallasboyz said:
Greed? You have to be kidding me.

Since when is a business a non-profit?

It's not.

For those that complain about the state of the industry, For those that complain about "greed", For those that complain because they aren't as far along in their career as they want to be; do something about it.

You come off like whiney babies. Of course it's "greed". It's capitalism.

It's not the responsibility of a CEO to look out for every single little man. Its the responsibility of the CEO to turn as much of a profit as possible. And if that CEO can't do it, someone will.

Stop blaming your shortcomings on someone else. You either don't have the talent or work ethic to be successful.

Yet another reminder that people should never have been allowed to watch "Wall Street" without being debriefed afterwards.

Capitalism isn't greed. The two do not equate. And while I won't cast the broad aspersions as you are so quick to do, I will observe that you're not as "successful" at making your point as you might presume yourself to be. How does that reflect upon you? I'll allow others to make that observation.

For capitalism to function well, greed cannot be a significant part of the system. Profiteering, as we have seen recently with crude oil prices, damages the overall system. And while for-profit ventures far outstrip non-profits, both have a responsibility to their employee base, a responsibility they ignore at their peril--particularly with larger companies and corporations.

Chief executives have the responsibility to understand that along with maximizing profits, they must develop a corporate culture that helps their employees thrive.
 
Very well put Mike.

Let me ask: What would you do to work for a company with a great team at the top that really cares for it's employees?
 
Mike Bratton said:
dallasboyz said:
Greed? You have to be kidding me.

Since when is a business a non-profit?

It's not.

For those that complain about the state of the industry, For those that complain about "greed", For those that complain because they aren't as far along in their career as they want to be; do something about it.

You come off like whiney babies. Of course it's "greed". It's capitalism.

It's not the responsibility of a CEO to look out for every single little man. Its the responsibility of the CEO to turn as much of a profit as possible. And if that CEO can't do it, someone will.

Stop blaming your shortcomings on someone else. You either don't have the talent or work ethic to be successful.

Yet another reminder that people should never have been allowed to watch "Wall Street" without being debriefed afterwards.

Capitalism isn't greed. The two do not equate. And while I won't cast the broad aspersions as you are so quick to do, I will observe that you're not as "successful" at making your point as you might presume yourself to be. How does that reflect upon you? I'll allow others to make that observation.

For capitalism to function well, greed cannot be a significant part of the system. Profiteering, as we have seen recently with crude oil prices, damages the overall system. And while for-profit ventures far outstrip non-profits, both have a responsibility to their employee base, a responsibility they ignore at their peril--particularly with larger companies and corporations.

Chief executives have the responsibility to understand that along with maximizing profits, they must develop a corporate culture that helps their employees thrive.
\


Mike,

Thanks for what you said. After re-reading Dallasboyz comments, it really got me to thinking... you were pretty kind about it.

Having owned radio stations and worked in this and other industries, I can tell you simply --- yes it is GM, PD, OM, S&M, CEO, VP 1-1,000,000 's job to maximze profits. Most are failing misreably at it. FAILING. Failure is not maximizing 100% of potential. 99% is not enough. Hold them accountable pencil
pushing acconartists and see if maybe one major company will actually improve. WHAT A BUNCH OF WUSSES. TALK ABOUT NO LEADERSHIP/


The formula is simple:

TalentED + Hard Working + Dedicated + Focused + Determinated = Profitable

Firing the Talented - Voice Tracking - Lazy Radio - Boring Radio - Copy Cat Radio - Don't Rock the Boat Radio = CC, Crumulus, Chitadel and all the rest of these
land locked DINOSAURS. Give those that are talented and care a chance to prove one radio CEO wrong and watch the world change. Otherwise, the only
people making money are the top exces ripping off the investors, shareholders and employees up and down the line. That's not maximizing profits, Dallasboyz.
No one wants to take any lines from Wall Street.

If this keeps up this radio board will not be necessary except for remembering history. None of this is sour grapes folks, it's the truth. It's where we've all been
lead (employees, owners, listeners, everybody) --- and it's a dark, dead-end alley. 2009 needs to be the time things change. Sadly no one is listening to this
particular station. Change the format to more bland radio...the beat goes on.
 
Mike Bratton thank you for attempting to raise the IQ of Dallasboyzzzzzzzzzzzzz.

Tibbs2, you are right on the money. It's great to read the words of someone with passion about radio.

Dallasboyzzzzzzzzzzzzzzz....you've been drinking the purple Kool-Aid too long.
 
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