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QUEBECOR RESTRUCTURES INTERNET PROPERTIES

Montreal-based Quebecor Inc. has restructured its Internet properties, which include the Canoe, Canoë, FYI and ICI Web sites. Citing plans to simplify its management and operational structure, Quebecor cuts 30% of its online staff Tuesday, resulting in 65 employees being fired. According to Quebecor, the cuts are part of Canoe's attempts to reduce costs and increase revenue. The Canadian Internet portal receives almost 100 million page views a month, according to the company.

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