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Associated Press, the engine behind US Journalism, will be cutting 10% of its work force in 2009 in order to cope with the tough financial conditions ahead, according to Reuters.

AP has one of the world’s largest news gathering teams in place, employing around 4,100 people globally. The trimming means that about 400 people would be jobless in 2009.

"All areas and ways of doing business are being reviewed," said an AP statement provided to Reuters. "The AP, which recently instituted a strategic hiring freeze, may need to reduce staff over the next year. If so, it hopes to achieve much of the reduction through attrition."