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News Corp said it expects to reduce headcount 5% this year amid economic challenges, as the media company reported lower quarterly revenue despite continued growth at Wall Street Journal parent Dow Jones & Co. The New York-based media company, which owns the Journal, HarperCollins Publishers and news organizations in the U.K. and Australia, said revenue fell 7.2% to $2.52 billion for the quarter ended Dec. 31. Chief Executive Robert Thomson said inflation and a surge in interest rates had affect...
>>> Read more: News Corp Expects to Cut Its Headcount 5% This Year
>>> Read more: News Corp Expects to Cut Its Headcount 5% This Year
