Tuesday, December 16, 2008

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Playboy lays off 14% staff; eyes India for expansion


NEW YORK: Adult entertainment magazine publisher Playboy Enterprises, which has cut its workforce by 14 per cent to save costs,has identified India as a key target region to expand its geographic distribution.  
It said, the moves include "outsourced functions, shut down non-performing business, reduced marketing and editorial spending,". 

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