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Provider: Reuters Investment Profile
Provider: Wright Reports
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Boral Ltd Cuts 700 Jobs-Reuters

Tuesday, 15 Jan 2013 07:34pm EST 

Reuters reported that Boral Ltd will cut 700 jobs across the country, aiming to reduce costs in a weak housing construction market. Boral, which had 14,740 employees in June 2012, said total employee numbers would fall by about 1,000 in 2013 as a result of the restructure and other recent initiatives. The cuts would affect functional, operational support and managerial positions. 

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