The staff of the company consisting of 4100 employees (including 300 journalists) will be reduced to more than 400 people. Executive director of the company Tom Curley specified that the measures will allow AP to decrease expenses to USD 25 mln. yearly. It is still unclear how the dismissal will affect the AP work with the history started 162 years ago. The agency has 240 bureaus all over the world and subscribers of over 1500 American newspapers.
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