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Wednesday, January 21, 2009

Clear Channel Letting 1,850 Go

   I guess that the company released this yesterday  hoping that on an Inauguration news day no one would notice. 1,850 jobs are gone.That is 9% of their workforce.

     CEO Mark Mays sent a memo to employees telling them that they are history. Most of the job cuts are expected to come from Clear Channel's ad-sales department but the cuts span all departments in its corporate, radio and outdoor advertising divisions.           Source

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