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ITV losses £2.7 billion, will cut 600 jobs
And sell Friends Reunited and Scoot 4 March 2009 10:03 GMT
Results were expected to be bleak, but ITV has announced that write-offs from the value of its assets have meant losses of £2.7 billion.

On the back of this, the broadcaster has confirmed it will be cutting jobs with some 600 positions to go in as-yet unconfirmed...

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