New round of Clear Channel layoffs


Clear Channel Radio today concluded the restructuring its new owners began in January. Some 590 staffers got pink slips today, spread across engineering, IT, business office operations, programming and on-air – although the company was careful to note that programming and on-air are not the majority of today’s job eliminations. In all, nearly 2,500 positions have been eliminated this year, or nearly 12% of the staff that existed on December 31, 2008.