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WebMD Announces Layoffs; 14% Of Staff, $45M In Total Spending Cuts Coming Off Of A $900K Quarterly Loss

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http://techcrunch.com – WebMD, arguably still the go-to source for medical information on the Internet, today announced that it would be implementing strong expenditure control measures after revealing disappointing Q3 results at the beginning of November. The cuts include 250 positions, representing around 14 percent of WebMD’s total workforce, as well as operating expenditure cuts of $45 million. Layoffs are expected to mostly take place effective the end of 2012, but will also continue throughout the first quarter of 2012, the company said in a press release explaining the move. During its most recent qu (IT news)

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