Champion Enterprises Will Cut 1,500 Jobs
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Reuters
Manufactured-home maker Champion Enterprises Inc. said it will cut 1,500 jobs, or 15% of its work force, as it closes plants and sales centers to cope with slumping demand.
Shares of the Auburn Hills, Mich.-based company fell more than 6% after it announced the moves, closing down 18 cents to $2.87 on the NYSE.
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