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  ★ TDR Archive for March 24th, 2002

EMI faces the music in struggle for profitability

NEW YORK – EMI will ax 1,800 staffers worldwide — nearly 20% of its work force — has cast off a quarter of its 1,600 artists, and will take more than $340 million in charges in an aggressive bid to return the stumbling British music group to fighting form. Read the full story...