Radio and advertising conglomerate Clear Channel is laying off 590 people in its radio division, and suspending its 401(k) matching plan.
The layoffs target programming, engineering and customer service workers. The firm announced 1,850 sales layoffs in January.
Clear Channel will also suspend its matching contributions to employees’ 401(k) retirement accounts as of Thursday.
Clear Channel Communications is headquartered in San Antonio, Texas. It was founded in 1972, and is the largest owner of full-power AM, FM, and shortwave radio stations, plus twelve radio channels on XM Satellite Radio.
0 Comments For This Post
6 Trackbacks For This Post
May 5th, 2009 at 4:46 am
[...] bond defaults. This will also worsen unemployment, as states will lay off state workers Clear Channel to Lay Off 590, Suspend 401(k) Matching – employmentspectator.com 04/29/2009 Radio and advertising conglomerate Clear Channel is laying off [...]
May 31st, 2009 at 2:25 pm
[...] Clear Channel Job Loss XM Satellite Radio EmploymentSpectator Posted by root 54 minutes ago (http://www.employmentspectator.com) Radio and advertising conglomerate clear channel is laying off 590 people in its radio division and suspending you must be logged in to post a comment powered by wordpress fresh news theme by woothemes premium wordpress themes Discuss | Bury | News | Clear Channel Job Loss XM Satellite Radio EmploymentSpectator [...]
June 7th, 2009 at 5:23 pm
[...] Clear Channel Job Loss XM Satellite Radio EmploymentSpectator Posted by root 4 hours ago (http://www.employmentspectator.com) People in its radio division and suspending you must be logged in to post a comment powered by wordpress fresh news theme by woothemes premium wordpress themes discuss 522 florida teachers to lose jobs middot magna electronics to create 190 jobs e commerc Discuss | Bury | News | Clear Channel Job Loss XM Satellite Radio EmploymentSpectator [...]
June 7th, 2009 at 6:18 pm
[...] Clear Channel Job Loss XM Satellite Radio EmploymentSpectator Posted by root 3 hours ago (http://www.employmentspectator.com) Clear channel job loss xm satellite radio employmentspectator wood tv and suspending you must be logged in to post a comment powered by wordpress Discuss | Bury | News | Clear Channel Job Loss XM Satellite Radio EmploymentSpectator [...]
June 19th, 2009 at 4:54 am
[...] Clear Channel Job Loss XM Satellite Radio EmploymentSpectator Posted by root 4 days ago (http://www.employmentspectator.com) Radio and advertising conglomerate clear channel is laying off 590 people logged in to post a comment powered by wordpress fresh news theme by woothemes Discuss | Bury | News | Clear Channel Job Loss XM Satellite Radio EmploymentSpectator [...]
June 19th, 2009 at 10:13 am
[...] Clear Channel Job Loss XM Satellite Radio EmploymentSpectator Posted by root 3 days ago (http://www.employmentspectator.com) A comment powered by wordpress fresh news theme by woothemes premium wordpress themes discuss bury news clear channel job loss xm satellite radio Discuss | Bury | News | Clear Channel Job Loss XM Satellite Radio EmploymentSpectator [...]
Leave a Reply
You must be logged in to post a comment.