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First CC, then Pamal, what about Regent?

M

MT3

Guest
It has been national news that CC made major cutbacks and layoffs in the last few months. We've heard about those happening at Pamal and they came to light last week with the elimination of the promotions department. What about Regent? There haven't been any major cuts nor have we heard any rumors here.

Regent is publicly held and I for one am surprised that they haven't swung the ax hard.
 
MT3 said:
It has been national news that CC made major cutbacks and layoffs in the last few months. We've heard about those happening at Pamal and they came to light last week with the elimination of the promotions department. What about Regent? There haven't been any major cuts nor have we heard any rumors here.

Regent is publicly held and I for one am surprised that they haven't swung the ax hard.
Click to expand...

They did fire the Buzz PD in cutbacks late in the summer.
 
Regent is not far behind the rest. NYSE is threatening them with delisting (along with Entercom and ABC/Citadel) and the International Business Times puts Regent at high risk for short term default.
 
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