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Out with the old in with the new media
Posted By admin On 28/02/2007 @ 09:32 pm In Articles, News | No Comments
Last year, almost 18,000 media employees lost their jobs—the biggest group of layoffs since the dotcom bubble burst in 2001, as reported on [1] www.broadcastingandcable.com.
The article states that, some of the world’s biggest “old-media” companies—including MTV Networks (MTVN), NBC Universal, Disney and Discovery Communications—are axing staffers in handfuls and hundreds. In one of the biggest reductions, Time Warner’s AOL began cutting 5,000 employees in December, about 26% of its workforce.
[2] More…
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URL to article: http://robotzoo.co.uk/2007/02/28/out-with-the-old-in-with-the-new-media/
URLs in this post:
[1] www.broadcastingandcable.com: http://www.broadcastingandcable.com/
[2] More…: http://www.broadcastingcable.com/article/CA6419245.html
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