Let The Layoffs Begin
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• Bowne & Co., of New York, disclosed that its cost-reduction plan will eliminate 650 positions. Its Internet consulting business, Immersant, will be shut down.
Early Warning
Quebecor World's Salem, Ill., facility, which employs 880, was slated to lock its doors permanently early this month. Officials at the Illinois Department of Employment Security said the firm advised the agency of its intention to close the plant on June 2, barring any change in circumstances.
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