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NEW YORK The E.W. Scripps Co. is cutting some 400 jobs company-wide. The restructuring is expected to save about $15 million.
Word of the job cuts officially came Friday as Cincinnati-based Scripps reported a third-quarter loss from continuing operations of $21 million, or 39 cents per share. That compares to earnings of $16.6 million, or 31 cents per share, during the July-Sept. quarter a year ago.
Scripps’ statement didn’t say where jobs are eliminated but said employees were notified Thursday.
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