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Al Jazeera Lays Off About 10% of Workforce

Qatar's state-owned Al Jazeera says it is laying off about 500 jobs worldwide, the latest spending cutback for the Gulf state that has suffered from plummeting oil prices. Most of the layoffs will affect the broadcaster's Doha headquarters, according to an Al Jazeera statement that described the move as a "workforce optimization initiative." "While our decision is consistent with those being made across the media industry worldwide, it was difficult to make...

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