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Job reductions hit US, global firms

Home Depot said it will close 40 stores in its Expo home decor business, including the store in Burlington. Home Depot said it will close 40 stores in its Expo home decor business, including the store in Burlington. (Tim Sloan/ AFP/ Getty Images)
January 27, 2009

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Caterpillar Inc. , Sprint Nextel Corp., Home Depot Inc. , and ING Groep NV led companies yesterday disclosing at least 74,000 job cuts as sales withered and construction slowed amid a global economic recession that may persist through 2009. (Full article: 296 words)

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