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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
Wall Street Journal / Shalini Ramachandran and Keach Hagey / Mar 8, 2018
“Randy Falco’s accelerated exit is a surprise. In November, Univision extended Mr. Falco’s employment agreement for an additional two years, through January 2020. Some people familiar with the matter said that he had begun to lose favor with some on the board in recent months. The business review could result in cost cuts in the range of $200 million, including significant layoffs, some of the people said. The expense reductions and business review would be aimed at improving the company’s performance and sprucing it up in advance of courting suitors for a potential sale.”
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