Friday, March 20, 2009

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U.S. Olympic Committee lays off another 54 employees to cut costs

The United States Olympic Committee (USOC) has laid off 54 employees in an effort to reduce its operating budget in the current tough economic climate. The 54 job losses, which represent 13 percent of the USOC's workforce, will be spread across the organisation, including the most senior level of management.


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