Clear Channel cuts 1,850 jobs, 9 pct of work force 

Posted: 1:00 am Wed, January 21, 2009
By admin

PHILADELPHIA — The parent of Clear Channel Communications Inc. told workers on Tuesday that it is cutting 1,850 jobs as the largest owner of U.S. radio stations grapples with the economic meltdown. The cuts represent about 9 percent of the company's total work force and affect staff throughout the company, in radio, outdoor advertising and corporate ...