Clear Channel to lay off 1600 workers

The biggest name in radio, Clear Channel, is cutting hundreds of jobs. They own 8% of the radio stations in the United States.

The company it is laying off more than 1,800 workers -- that's about nine percent of its workforce.

The CEO of the nation's largest owner of radio stations blames the economy.

Clear Channel owns six stations in Columbia, SC and at least 17 in South Carolina. These stations include local powerhouses WCOS AM & FM and WVOC out of Columbia.