Donnelley Lowers Expectations Again
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The ax is falling again in the Donnelley chain, but these cuts won't affect manufacturing assets. More than 250 positions from general and administrative departments—human resources, finance and information technology—will be eliminated across the company. With the action, the company expects to save $10 million in the second half of 2001. In all, the printer has reduced its workforce by 5 percent, or 1,700 jobs.
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