Layoff Static

They're calling it "Black Friday" at Clear Channel's Los Angeles offices. Reports coming out say at least 40 people were axed at the radio behemoth's local operations. A poster at Radio-Info has the details:

I guess word hasn't gotten out yet, but there was a MAJOR bloodbath at Clear Channel Burbank today (Fri-2/24)

Total body count is supposed to come to 40. A production guy at KIIS, office positions in HR, IT, Continuity, Accounting, and promotions from KOST, KBIG, Star, KLAC. Every station was touched from what I've heard. KBIG's marketing Director went too. Don't know about engineering and some of the other departments. Unpleasant. Heard it was supposed to happen when the stations were all consolidated when they all moved to the new building and it took till now to make it all happen.

But you can all rest easy: Ryan Seacrest still has a job there.