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AAP
AAP

FED:Mass job cuts at major media firm months after merger

The company that owns the Seven Network, Triple M and The West Australian is cutting hundreds of jobs amid a slump in TV advertising revenue.

Southern Cross Media Group said on Thursday it would cut 250 to 300 roles in a bid to save $145 million to $150 million.

The company, which merged with Seven West Media in January, said some of its business units had deteriorated more than anticipated in the fourth quarter, particularly its television division.

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