From Radio Daily News

From Michael Starr and David Hinckley -- Veteran radio host John Gambling was axed by WABC (770 AM) yesterday in what's being called a cost-cutting move (read more - NY Post) (read more - NY Daily News)

A longtime radio host, WMAL AM 630's Chris Core, was laid off, and jazz was dropped for oldies yesterday in a major shake-up for D.C. radio. He was one of many casualties as Las Vegas-based Citadel Broadcasting Corp. downsized at stations across the country after posting dismal fourth-quarter earnings yesterday morning - The company laid off about a dozen employees at Citadel's three Washington, DC area stations, including WJZW, WMAL and WRQX (107.3 FM)  (read more - Kara Rowland - Washington Times) (read more - Paul Farhi - Washington Post)  (read more - John Rook)

From Jim Kirk -- In what staffers referred to as a "bloodbath'' Friday, WLS-AM 890 fired a number of staffers, including several news veterans, as owner Citadel Broadcasting slashed costs nationwide during one of the biggest advertising downturns in radio history. Among those let go were station news director and longtime Chicago radio news journalist Jennifer Keiper and longtime City Hall reporter Bill Cameron, sources said (read more - Chicago Tribune)

Citadel Broadcasting said Friday its fourth quarter net loss widened to $848.1 million, or $3.24 a share, compared with a loss of $1.1 milion, or a 1 cent a share in the same quarter a year ago (read more - CNN Money)