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Bad media news: El Pais sacks 1 in 3 writers, including many culture staff

There are 128 layoffs and 21 ‘early’ retirements at the Madrid-based intelligent daily. Early means 50 years of age.

The remaining staff will take a 15 percent pay cut.

A great newspaper is being crunched by the Euro crisis and the general retreat from print.

There will be a strike next week, but the tide seems irreversible.

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