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Many of the additional cuts will come abroad, particularly in Europe, although it will cut some positions in the United States through the sale of small subsidiaries and the outsourcing of some responsibilities, a spokeswoman said.
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"Last week, Mr. Murdoch stepped down from a number of boards, many of them small subsidiary boards, both in the U.K. and U.S.," a spokeswoman for News International, the British newspaper subsidiary of the News Corporation, said Saturday, speaking on the condition of anonymity in line with company policy.
A spokesman said: "Last week, Mr Murdoch stepped down from a number of boards, many of them small subsidiary boards, both in the UK and US.
The industry has yet to garner any attention from Wall Street because it consists of private enterprises, channels on portals like AOL and Yahoo!, and small subsidiaries of big corporations like Microsoft's MSN Gaming Zone, News Corp.'s Kesmai, Electronic Arts Ultima Onlinee, Sega's Heat.net and Sony's The Station.
Both my secondments as a young civil servant were in small subsidiaries of major UK companies.
On October 30th Japan's financial watchdog said it would inspect Mizuho and two other big banks to hunt for loans to yakuza.It was around 2010 that Mizuho discovered some 230 gangster-linked loans, worth more than ¥200m, on the books of a small subsidiary, Orient Corporation.
Harper had been nominated as a director of one of the smaller subsidiaries that Enron used to do business in Europe.
If it moves several small subsidiaries out of the state, it could argue that it no longer has the physical presence in California that requires it to collect the tax.
The album was rejected by their label Reprise after Wilco refused to make changes to render it more "commercially viable," and the band was subsequently asked to leave the label (they would later be picked up by Nonesuch, a small subsidiary of AOL Time Warner, foreshadowing the death of major labels and the rise of independents).
It is thought to be in talks to buy Mitteleuropäische Handelsbank, a small subsidiary of NordLB, a public-sector lender.
General Star Indemnity, a small subsidiary of Berkshire Hathaway, the conglomerate headed by the investor Warren E. Buffett, is going to start selling medical malpractice insurance in New Jersey on Friday, regulators said.
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