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About.com cuts 60 employees, 300 site guides

Published on .

New York--Online directory About.com said it would cut 60 jobs, or about 20% of its work force, and shift its focus to e-commerce as a result of the weak advertising climate. It also said it would not renew contracts with 300 of its 750 online "guides," who provide information on a wide range of topics for the information portal owned by Primedia Inc.
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