Time Warner Inc.'s (TWX) HBO unit is expected to lay off more than 150 employees as early as this week, Variety.com reported Tuesday, citing people with knowledge of the matter. The staff cuts represent about 7% of the cable company's 2,400 employees, the report said, and come just weeks after cutbacks were announced at other Time Warner units.

Full story at http://variety.com/2014/tv/news/hbo-to-lay-off-over-150-employees-this-week-exclusive-1201340730/

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