CEO Bob Pittman is going to force employees to in essence self-fire themselves.
It’s about Stupid Human Capital Tricks – the new plan to get Pittman his four per market, 624 employee layoffs soon. The bankers are becoming impatient.
New approach.
New D-date.
His email memo to employees turns out to be a set up.
If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.
- The ingenious but wicked plan that is now being put into place to rid the company of as much as 7% of its workforce by having employees in essence self-fire themselves.
- The new designated “hit man” – Pittman wanted the board to suggest layoff victims, now he has come up with this approach instead.
- What’s that creepy Human Capital manager’s webinar all about – and how it fits in to the mass firings ahead.
- The “pre-firing” changes that are coming to vacation and sick pay, and “instant” termination to thwart potential “after-firing” lawsuits.
- And the critical question! What day can Clear Channel employees expect Pittman’s latest firing plan to begin. Wait ‘til you see it.
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