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Playboy Enterprises Closing NYC Offices
Stock quotes in this article:
PLA
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NEW YORK (AP) Playboy Enterprises Inc. is closing its Manhattan office and laying off employees as it struggles with falling advertising revenue and a gloomy economic climate.
Company spokeswoman Martha Lindeman says Playboy employed about 100 people at the Fifth Avenue office in midtown. A majority of those jobs will be lost when the office is expected to close May 1.
Lindeman says some employees received letters notifying them that their jobs were eliminated. Others were given the chance to transfer to Chicago. ...
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