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Belo to Cut 150 Jobs

Mar 12, 2009  •  Post A Comment

Belo Corp., which owns 20 television stations, said it will cut 150 jobs, reduce some salaries by 5% and suspend its matching 401(k) contributions, the Associated Press reports. CEO Dunia Shive said the plan will trim 2009 cash operating expenses by roughly 10%, before severance costs, the news agency says.
—Aimee Picchi

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