The radio and outdoor advertising company laid off nearly
600 employees last week, according to a story at medialifemagazine.com.
The cuts came across its regional staff, though it did not
hit New York stations, according to The New York Post.
The 590 positions eliminated accounted for roughly 3 percent
of Clear Channel’s staff.
The radio giant, which owns 850 stations in the United
States, did not comment on how many people were laid off, though it did say
that the job cuts would pave the way for the addition of some new jobs,
presumably focused on the digital side.
Like other traditional media companies, Clear Channel has
been searching for ways to transition gracefully into the digital age.
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