Tag Archives: Clear Channel

Posted in Business, In the news, Media

Yes We Got Canned!

As expected, various media outlets used the insane hype of the Obama inauguration to take out the trash and announce layoffs, hopeful that the news will be buried in a corner at the back of the business section with all the Obamamania coverage going on.

But the big cuts are south of the border, with Clear Channel cutting 1,850 jobs (9%), Warner Brothers cutting 800 (10%) and the Los Angeles Times planning to cut an unspecified number.