Clear Channel Ethics

As an employee of Clear Channel. I'm appalled at the lack of information that is being passed down to employees.

I went into work the other day and about five people had been fired. No one knows why. The only thing everyone knows is that "this is just the beginning". Corporate hasn't cleared up anything with anyone. I did some research on the company and it turns out that there was an article in Fortune stating that Clear Channel was getting ready to sell. I asked a DJ that has worked at the station for several years if he knows what is going on and he told me he had heard it was budget cuts. He said they were cutting the budget by 1 million and in the process were cleaning house.

From a PR standpoint this kind of behavior is unethical and simply promotes a bad image for the company as a whole. The employees should be the first people to find out what is going on in a time like this, because if they only see people being fired every time they turn around they are most likely going to start looking for another job that is more secure. If it wasn't for the media, no one at Clear Channel would ever know what was going on. Also if someone from the media were to do some interviews about the buy out within the company, they would find some pretty negative comments/confusion from employees stating to investors and etc that Clear Channel is unstable.