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Flag Draped Coffins on North Shadeland

S

spark gap

Guest
You know it is too bad 12+ people lost their jobs on Shadeland this week, however most of us who frequent this board have 401K's invested in the stock market. There are two ways to make stock prices go higher...increase sales or decrease expenses. So we all sit here and decry how horrible Cumulus is; we all laud similar actions in different industries. Does this qualify as a conundrum?
 
Conundrum definition for those of you from programming: a question or problem having only a conjectural answer b : an intricate and difficult problem
 
While I 'm sure you enjoy making up stories about others misfortune, you should at least get your freakin facts straight instead of just making crap up. There were a total of 9 people let go on Shadeland not 12+. Nature abhors a vacuum so apparently it's filling your head with misinformation.
 
Getting the facts straight is always a good idea. But whether it is 9 people or 12 people, it's still too bad to see people be let go. Yes, many of us have investments, but I for one, DO NOT applaud companies where my money is invested who toss long time employees out the door to beef up their bottom line, or to stick retirees with worthless pension promises. Cumulus, as well as many other companies are focused only on the bottom line. There are great companies in the US who have become great companies by growing loyalty and rewarding hard work. Most of today's companies whether they are in communications or not, are not interested in cultivating either.
 
I agree with you...consolidation was not a good thing. I am glad to see Smulyan trying to get off the Wall Street treadmill. It is refreshing to see Entercom and others thinking the same way.Several weeks ago when the storms went through, only one Indianapolis area radio station did much of anything about warning people. That was WIBC. Everyone else, for the most part, was automated...running the EAS announcements. Because of the treadmill we are on; we are forced to cut to the bone...resulting in us not being able to provide the basic public service that are expected by the public from broadcasters.The stations in the small towns had better coverage than the "big" stations in Indy. Why? They put service over earnings reports.
 
"You know it is too bad 12+ people lost their jobs on Shadeland this week, however most of us who frequent this board have 401K's invested in the stock market." 401k's? I dare say that most of us who work in radio have never made enough money to have any left over to invest in a 401k.
 
MightyFrenchman said:
"You know it is too bad 12+ people lost their jobs on Shadeland this week, however most of us who frequent this board have 401K's invested in the stock market." 401k's? I dare say that most of us who work in radio have never made enough money to have any left over to invest in a 401k.
Click to expand...
So who WAS canned?
 
Now that the new guys are in charge over there.......has anybody heard how it is going? Any policy changes? How is morale?
 
ScatzerFan said:
Now that the new guys are in charge over there.......has anybody heard how it is going? Any policy changes? How is morale?
Click to expand...

An oldie but a goodie
 
I think my original questions are being answered daily on this board. If we can believe anything we read.
 
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