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02-07-2009
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Senior Member
Join Date: Dec 2006
Posts: 33,025
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Media giant responds to red ink by cutting jobs
Rupert Murdoch's News Corp has flagged job cuts after reporting a US$5.9 billion ($11.5 billion) first half net loss amid a "grim economic climate".The media group also on Friday posted a US$6.417 billion net loss for the second...
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