From Tom Taylor:
December 9 was indeed the date for some Clear Channel back-office layoffs
TRI wrote about this in November, that Clear Channel has decided to take a big step toward using a hub-and-spoke approach for business support services. Yesterday I heard from two regions of the country, where TRI readers said “Well, it happened.” In one Midwest market, a traffic job was cut on Wednesday and two more happened yesterday, including an engineering position and somebody working in HR/payroll – just the kind of job CC believes can be consolidated to save money. In the East, at least one business manager and some other support folks were sidewalked. While a poster on the San Diego Board at Radio-Info.com says "At least five folks in the accounting and office area were shown the door today." In a separate initiative, TRI has told you that there’s an effort to go even more hub-and-spoke with news, perhaps closing some hubs and enlarging others. The net effect would a shrinkage of the companywide news force by perhaps 40 or more bodies. (This is the case where somebody goofed and left the PowerPoint up on the Clear Channel Exchange intranet for most of a day.) That may be phased in through January. Year-end brings unpleasant decisions to companies, and Clear Channel, as the biggest and the one with perhaps the heaviest debt load, has more of those decisions than anyone.
All this, while Sirius re-signs Howard Stern for $2k a minute. Nothing wrong here, right?