Saturday, April 11, 2015

Viacom announces layoffs, $785M in expenses

http://www.mysanantonio.com/business/technology/article/Viacom-announces-layoffs-785M-in-expenses-6182027.php


Media giant Viacom Inc. on Monday announced a round of layoffs and restructuring that will result in it booking $785 million in special expenses in its recently ended quarter.


A Viacom spokesman declined to say how many people would be laid off.

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