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Posted AT 7:52 AM EDT on 27/03/08

CNet Networks to cut 120 jobs

Associated Press

SAN FRANCISCO — CNet Networks Inc. says it is laying off 120 employees as part of an effort to streamline the online media company while generating more content for its news and entertainment sites. All the layoffs — about 4.4 percent of CNet's work force — will involve employees in the U.S., according to a document CNet filed Wednesday with the Securities and Exchange Commission.

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