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CNBC Cuts Down Live London Programming

CNBC International is to cut live TV news it produces out of London by a third and close its Paris and Tokyo bureaus, as part of drive to increase investment in digital operation. The business and financial news organisation, which has launched a staff consultation that puts 5% of its international workforce at risk of redundancy, is to reduce its London-based live TV news from six to four hours a day. The focus is understood to remain on morning live television, which means its flagship, Squawkbox Europe, will be unaffected.

Read the whole story at The Guardian »

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