BRAMPTON, Ontario — Loblaw Cos. here on Tuesday said it would lay off approximately 700 jobs at its corporate headquarters here over the next three weeks. The workforce reduction will allow the company to reduce expenses and provide for investments to enhance the customer proposition, the company said in a statement. Loblaw said it would take a one-time charge of $60.8 million (U.S.) reflecting the anticipated costs of the planned reductions. "We're managing costs where ...
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