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<blockquote data-quote="Babagounj" data-source="post: 2127664" data-attributes="member: 12952"><a href="http://money.cnn.com/2016/03/27/media/al-jazeera-qatar-layoffs/index.html" target="_blank">http://money.cnn.com/2016/03/27/media/al-jazeera-qatar-layoffs/index.html</a>The international news broadcaster Al Jazeera is undergoing a severe reduction in its workforce.About 500 employees will be laid off beginning Monday, the broadcaster said on Sunday.The cutbacks are a result of budget cuts by Al Jazeera&#039;s owner, Qatar, tied to the falling price of oil. The Middle Eastern emirate is highly dependent on oil and gas revenues.Al Jazeera&#039;s various news channels employ about 3,500 people. <a href="http://money.cnn.com/2016/01/13/media/al-jazeera-america/?iid=EL" target="_blank">Earlier this year </a>the broadcaster decided to shut down its English language channel in the United States, Al Jazeera America. About 700 jobs will be eliminated once the channel signs off on April 12.</blockquote>

[QUOTE="Babagounj, post: 2127664, member: 12952"] [URL]http://money.cnn.com/2016/03/27/media/al-jazeera-qatar-layoffs/index.html[/URL] [SIZE=5][B]The international news broadcaster Al Jazeera is undergoing a severe reduction in its workforce.[/B][/SIZE] About 500 employees will be laid off beginning Monday, the broadcaster said on Sunday. The cutbacks are a result of budget cuts by Al Jazeera's owner, Qatar, tied to the falling price of oil. The Middle Eastern emirate is highly dependent on oil and gas revenues. Al Jazeera's various news channels employ about 3,500 people. [URL='http://money.cnn.com/2016/01/13/media/al-jazeera-america/?iid=EL']Earlier this year [/URL]the broadcaster decided to shut down its English language channel in the United States, Al Jazeera America. About 700 jobs will be eliminated once the channel signs off on April 12. [/QUOTE]

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