Clear Channel Outdoor to Cut International Overhead by $20 million (Billboard Insider)
Clear Channel Outdoor Holdings will reduce headcount in Europe and Latin America in response to the pandemic's effect on revenue. The company expects to achieve an annual pre tax cost saving of $20 million. Looks to Insider like this equates to 2% of total international expenses and 7% of international SG&A expenses. […]
Thu, Sep 17, 2020 at 11:10 PM