Quebecor World, the Montreal-based printing giant, will cut as many as 2,400 jobs–6% of its workforce–as well as close seven of its 160 plants.
The firm attributed the changes to fallout from the Sept. 11 terrorist attacks on the U.S. and to the global economy, which was already slowing, according to news reports. It said it expects catalogs and magazines to have lower page counts during the Thanksgiving and Christmas weeks.
Quebecor World
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