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'New York Daily News' cuts jobs

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New York--In yet another round of staff cuts resulting from the slowing economy, the New York Daily News said Tuesday that it plans to lay off as many as 20 employees. The Newspaper Guild said in a statement that the staff cuts will come from the editorial department, and the only departments that will be spared will be advertising and circulation. A handful of managers will also be let go. The cuts follow announced layoffs at The New York Times Co., Dow Jones & Co Inc. and Knight Ridder Inc.
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