Thursday, December 4, 2008

AbitibiBowater Inc. to lay off 1,100 workers

AbitibiBowater Inc. said Thursday it plans to lay off about 1,100 workers by the first quarter of 2009 as it idles or permanently closes facilities across North America due to the continued decline of newsprint demand.

http://www.marketwatch.com/news/story/story.aspx?guid={B99B6BC2-3830-4122-BDAE-699DD1D975B5}&siteid=YAHOOB

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