EVERYONE is feeling the effects of a tough economy.
Clear Channel Communications, the largest radio station operator in the U.S., have let go dozens of local DJs from several stations across the country.
The company, which has a debt of close to $20 BILLION, says that the layoffs were part of revamping their nearly 600 regional radio stations and NOT to cut costs.
Company spokeswoman Wendy Goldberg says:
"We’ve completely rethought our regional market strategy and reinvented our operations in those markets in a way that will let us compete on a new level – and succeed using all of Clear Channel’s resources, scale and talent."
Most of the DJs were unable to even say goodbye to their listeners on the air.
Part of their "revamp" is by using a new programming operation that would basically air successful shows on one station and broadcast them on other stations around the country.
Sounds like a cop out to us.
This is really sad for the DJs and other employees who have lost their jobs. It seems like radio is a tough gig to keep these days.
Tags: clear channel, djs, fired, radio, revamp, tough economy