Clear Channel Communications Inc. lay off 1500 today.
Quoted from Nashville Business Journal
Clear Channel Communications will cut about 1500 jobs, or 7 percent of its work force, in a move to save $400 million.
The job cuts would mostly affect the radio station chain’s advertising salespeople, according to the story, which cited unnamed sources. The company employs about 20,000 in total.
Job losses: 1500
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