Posted AT 5:59 PM EST on 15/10/08
Mecachrome cutting 120 more jobs
MONTREAL — — Mecachrome International Inc. plans to cut 120 more jobs in Canada next year as part of its plan to boost profits, the aircraft and automotive parts manufacturer said Wednesday.
The latest cuts, in addition to 41 layoffs announced in July, will cost $3.2-million but save $5.6-million annually, the company said.
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