job cuts: Bertelsmann
by
Aug 28, 2002, 12:00 AM
Bertelsmann, the German media group, has launched a reorganization and downsizing of its group headquarters. The move is the latest indication that Günther Thielen, who took over for Thomas Middelhoff as Chief Executive last month, is rolling back his predecessor's efforts to prepare Bertelsmann for a 2005 initial public offering.
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