Posted AT 2:46 PM EST on 28/08/08
Linamar lays off 800
Linamar Corp., Canada's second-biggest auto parts maker, has laid off about 800 employees — about four per cent of its total work force – in an effort to trim costs in face of lower orders from the automotive and building trades industries.
Between 400 and 500 workers were informed Thursday that they were being laid off, Linamar spokeswoman Crystal Roberts said.
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