Reports: Layoffs, program changes possible at Clear Channel (The Bakersfield Californian)

National media giant Clear Channel Communications, which operates some six radio stations in Bakersfield, is set to begin a sweeping restructuring nationwide that could result in significant layoffs and programming changes, The Wall Street Journal and other news sources reported Friday. Citing unnamed sources, news outlets reported the company intends to cut about $400 million in costs through …

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