What if every Clear Channel employee had to take up to a $4,300 pay cut in 2014?
That’s as much as $365 per month!
And that’s how big SpongeBob’s 0.5% cutbacks are in real dollars.
Hell, market managers just got finished cutting and getting their budgets approved for 2014 and now this?
Who are they willing to sacrifice next?
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- What it means to employees that market managers have been told to cut expenses the fastest way possible.
- How many more 0.5% cutbacks will be made later in the year before that Christmas holiday basket of cheer from Clear Channel called end of the year layoffs.
- Pittman unplugged! Cutbacks have little to do with advertising revenue.
- Say it ain’t so! The cutbacks could have been avoided, but Pittman turned thumbs down to a more humane way to save jobs before ordering the current round of cuts.
- How Clear Channel is already targeting high risk personnel who fit this description as the next candidates for getting a pink slip.
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My March 26th Philly conference is focusing on 7 critical things that will make you a better broadcaster or digital entrepreneur -- 2014 Media Solutions Conference
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