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Report: Seven to begin redundancies

Seven West Media staff were yesterday told about a voluntary redundancy program, which will focus on the television business, according to a report in The Australian.

The approval of redundancies would be at Seven’s discretion, so the company would not lose employees who were critical to the business.

It’s not clear how many positions will be impacted by the plan.

Last month Seven West Media saids its full-year earnings would be close to 20 per cent down on 2015 / 16 results amid a soft advertising market and costs associated with the Olympic Games.

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