Clear Channel Cancels Marketing, Hires, Trips, Meals

[thenewz]

Radio Info.

San Antonio decrees harsh measures because "we are generating less revenue for Q1 than we budgeted and less than what actually ran last year. At the same time, our budgeted expenses for Q1 are up 4%." Hogan's list of Q1 expense reductions includes: "all research monies after 2/1. All advertising and promotion monies after 2/1. All new sales hire guarantees not already implemented, effective immediately (do NOT hire any additional salespeople, effective immediately). All new hires budgeted but not hired, effective immediately (do not hire any additional new employees). Any/all discretionary monies (i.e., travel, meals and entertainment) for your market. Additionally, you are not to replace any departing personnel without specific approval from your EVPO." Hogan says "I completely understand the challenges associated with implementing the above cuts...unfortunately, there is not another alternative."

 

[DrAkbar]

...guess that memo doesn't apply to KFWhyEye as Monday afternoon Nurse Jeff and I heard a sales recruitment ad on 5~Fifty! Our applications are in the mail. :

We can only suspect that the dislike for the Clear Channel suits is the reason this topic circulates on so many boards. File it under "what goes around, comes around". Meanwhile The Men In Secret Underwear continue to spend like drunken sailors at KT'R. Staffing up "The War Room" for each primary and sending Aunt Carlos on the road aint cheap. Will it pay off in their battle with KFWhyEye? The Master Blogger is puttin' it all on the line and the Winter numbers sure better be better than last Falls!

 

[brian4]

...guess that memo doesn't apply to KFWhyEye as Monday afternoon Nurse Jeff and I heard a sales recruitment ad on 5~Fifty!

Even though they aren't hiring doesn't mean they won't accept applications with saying "Sorry, we don't have any positions but we'll keep your info on file."