Tokyo Olympics Organizers to Cut Staff, Events to Reduce Costs
Illuminated Olympic rings float in the waters off Odaiba island in Tokyo, Japan. (Photographer: Toru Hanai/Bloomberg)

Tokyo Olympics Organizers to Cut Staff, Events to Reduce Costs

(Bloomberg) -- The Tokyo Olympic organizing committee and the International Olympic Committee agreed to cut costs by simplifying next year’s games in 52 areas, including staffing and events.
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