Clear Channel Invents a 3rd Way To Cut Staff

Clear Channel has just invented a third way to reduce their workforce.

You know the other two, but this new mean-spirited, humiliating approach comes out of nowhere and hurts your self-esteem and pay.

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  1. How a Clear Channel lifer just took it where the sun don’t shine after being blindsided by corporate.
  2. Their template for playing Russian roulette with your career.  It’s actually waterboarding because they ram this down your throat with no choice.
  3. How Clear Channel is leaving itself open to big lawsuits.
  4. Why they do this under the radar to avoid unfavorable publicity – it’s that evil.
  5. Plus, the big question – how far will these reductions in force go.

The answers begin here.

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All Out Radio Rebellion

Employees of companies like Clear Channel and Cumulus are madder than hell and aren’t going to take it anymore.

There is evidence everywhere that as much as suffering radio people would like to keep their jobs, they’re increasingly walking away from abuse, neglect and no pay raises.

Maybe it’s the economy getting better.

Or maybe it’s their employers getting worse.

Here is some documented evidence of a monumental change that can even hurt two arrogant consolidators who think they can fire people and get to keep the best of the best.

Now the best are heading for the door.

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  1. What consolidator is now down to just 7 salespeople in a multi-station cluster with red ink all over the company.
  2. The major issue that is finally pissing people off so much that they want to exit radio – even without another job lined up.
  3. New evidence that top management is fleeing.
  4. The handwriting on the wall – what is making radio people give up.
  5. My latest updated list of the best companies – the ones I would work for as well as the ones that are riskier.  You already know the two to avoid.

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Cumulus-Type Cuts Rock CBS Radio

CBS Radio is pulling a Cumulus and Clear Channel.

It’s sad to say but as of a week ago CBS Radio is doing the exact same kind of thing that got Cumulus into trouble.

For some employees of major CBS properties as many as three major sources of income were adjusted downward.

And one change arrived just ahead of a major sales initiative.

Some incentive, eh?

So what’s up with a good company like CBS Radio acting like Cumulus?

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  1. Which CBS employees get burned the most under this new plan.
  2. The surprising revised sales commission package going into effect at some CBS Radio stations.
  3. The company’s unique excuse for slashing commissions.
  4. Which lucky CBS Radio employees dodge the new rules.
  5. The doomsday digital announcement employees have feared.  But wait -- other groups may try this same stunt next.
  6. How CBS blew a major revenue initiative with these 3 rules changes.

If you would like to see the surprising Cumulus-type cuts CBS Radio just made, click “read more” below. 

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2 Clear Channel Meetings To Change Everything

I’ve just gotten wind of two important Clear Channel meetings that are being scheduled – one will happen this very week.

Their net effect is to blow up current operations and move to a new system.

Quickly.

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  1. The info I’ve discovered about a high level Clear Channel New York management powwow that takes place this week.
  2. Best thinking on why they are having this meeting.
  3. The surprising choice of who is running it.  Not Pittman.  Not Hogan.  This speaks volumes.
  4. How the connection begins to become clearer between what top management is up to and – believe it or not – the just completed employee survey.
  5. What I’ve uncovered about another meeting – this one with Bob Pittman in Florida that is so secret that only a select few trusted people are invited.

If you would like to be in on the 2 meetings that Clear Channel is planning that will change everything, click “read more” below.

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Clear Channel May Be a Seller

$16 billion in debt is a big burden to carry around and for the next few years CEO Bob Pittman is going to struggle with ways to deal with it.

But no one overcomes that kind of imbalance without a bold move.

You may remember that Lee and Bain tried to get out of their 2009 Clear Channel acquisition before it was too late and changed their minds at the last minute.

Something to do with threatened lawsuits if they backed out.

They’re in it to lose it.

To wreck the company and sell off the parts kind of like Hostess did with Twinkies.  Did you see that New York Times article on how Hostess is worth more dead than alive? 

Clear Channel is radio’s Twinkies.

Here are some of the bold moves you will see sooner rather than later:

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  1. What is the surprising way for Clear Channel to raise $4-5 billion to pay down debt.
  2. Why selling some key market stations is not off the table.  I’ll name an example.
  3. How laying off more employees will be so very different this year.
  4. How Clear Channel plans to operate more like Pandora than the top radio group.
  5. The move that is currently underway to drastically reduce programming expenses (with a perfect example).

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