The popular right-wing KFAB radio personality was, according to the Omaha World-Herald, one of dozens of Clear Channel hosts across the country who have lost their jobs due to cost-cutting measures. This seems to corroborate suspicions of critics who said Clear Channel's reason for firing Dave Wingert (an expletive uttered on air) was just an excuse to get rid of comparatively expensive talent.
This week's Clear Channel firings were predicted last week by a poster on Radio-Info.com, who wrote:
It's widely reported that the suits are being summoned to Chi-town next weeks and the flash drives will be handed down dictating severe programming cuts. You see, the debt they'll [Clear Channel] never pay off had to be re-financed and, in return, the bank wants a lot of operational cuts. This time, programing will be SEVERELY impacted. Who is in trouble locally?The latest round of pink slips comes in addition to the bloodletting in the first quarter of this year.
The larger group of positions eliminated yesterday were the result of the top-to-bottom business analysis conducted by Bain Capital, which along with Thomas H. Lee Partners, are the private equity firms which now own the overwhelming majority of Clear Channel parent CC Media Holdings. That analysis determined that certain jobs were redundant, unnecessary or could be done by a computer rather than a human being. Thus, the mass firings of 1,850 people in January and 590 yesterday for a total of 2,440.