News Corp. Chairman Rupert Murdoch wrote the company will create “a streamlined management structure between our Los Angeles-based business units and the rest of the company,” according to a memo to employees about the departure of Peter Chernin, the Los Angeles Times reports. The result will be cost savings, Murdoch added, according to the memo.
—Aimee Picchi
Murdoch Sees ‘Streamlined’ News Corp.
Feb 24, 2009 • Post A Comment
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