Wednesday, March 25, 2009

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Playboy Enterprises closing NYC offices

Playboy Enterprises Inc. is closing its Manhattan office and laying off employees as it struggles with falling advertising revenue and a gloomy economic climate.

Company spokeswoman Martha Lindeman says Playboy employed about 100 people at the Fifth Avenue office in midtown. A majority of those jobs will be lost when the office is expected to close May 1.

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