John Gorman: More Clear Channel layoffs next Friday (2/20)

[jeffryan]

This time it looks like many traffic managers will be shown the door.

If you are a Clear Channel employee are you at risk of losing your job? Do you work in billing or traffic? If the answer to the latter is yes, the answer to the former is also yes – depending on your market size.

With Bain Capital and Thomas H. Lee deep in the throes of buyer’s remorse over their Clear Channel acquisition, reliable sources say that they will announce their new regionalized traffic and billing hub-and-spoke network on Friday, February 20.

http://gormanmediablog.blogspot.com/2009/02/radio-austere-channel.html

 

[WKomm]

Well, if anyone knows about being unemployed, it would be Gorman.

BTW - his blog is a hoot. Read his upcoming "appearances" to the far right. He'll be "appearing" at several libraries and a retirement center in the upcoming weeks. Man - must be exciting to be a media insider!

 

[jeffryan]

Well considering that John Gorman accurately predicted the Clear Channel massacre on Inauguration Day, I tend to believe what he says. The only thing he got wrong was the number of employees. He said it would be 1,000, but it turned out to be 1,850.

 

[WKomm]

jeff - I hate to disilliusion you but the CC cuts were the topic of discussions all over the net long before Gorman wrote about them - LONG before. As a matter of fact, rumors of cuts of this size and much larger have been rumored for YEARS. There's supposed to be another round of cuts coming within 4-8 weeks.

As for Gorman's prediction - he was off nearly ONE HUNDRED PER CENT. That's quite a margin of error.

John has few sources in radio any more, despite what he might like you to think. He had his run. It's over. That's not a crime - it happens to us all.

A very different world is emerging with brand new players who have never heard of him.

 

[RoscoeBrowning]

Actually, John Gorman predicted AT LEAST 1,000 layoffs. So he was still correct about that.

 

[jeffryan]

As a matter of fact, rumors of cuts of this size and much larger have been rumored for YEARS.

Well sure they have -- because Clear Channel cuts have been happening for years. Hell, the day I was hired at Clear Channel was the same day three people in my cluster were shown the door.

As for Gorman's prediction - he was off nearly ONE HUNDRED PER CENT. That's quite a margin of error.

Uh, Gorman predicted the exact day the biggest layoff in Clear Channel history would happen -- and he was correct. You can't dispute that.

A very different world is emerging with brand new players who have never heard of him.

Unless you haven't noticed, nothing is emerging in radio anymore.

Look, you obviously have some personal beef with Gorman. Maybe he fired you or something. I don't know. Honestly, I don't care much for John's politics, but at least I can put that aside and tell you that the majority of what he has to say about the radio industry is spot on.

So either you're an industry die-hard or you just don't like Gorman -- or both. Which is it?

 

[Zach Rules]

He was wrong this time, nothing happened in Providence.

 

[Skynet74]

Each day gets closer and closer to where a radio station will be nothing more than a computer in a broom closet.

 

[jeffryan]

He was wrong this time, nothing happened in Providence.

He didn't specify which markets would be affected.

 

[za-rex]

According to Tom Taylor the next round has been delayed. They didn't have all the markets lined up and want to do it all at once to get the public relations hit over with. Next meeting March or April. I don't get this public relations hit stuff. Layoffs get some press but public reaction is nil other than in the business and at this point people in the media have got to be jaded about this anyway.