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Hudson’s Bay Axes 265 Jobs at Company HQ

Canada’s Hudson’s Bay Co. (HBC) is cutting 265 jobs at its U.S. cooperate offices, one of a number of changes the retail group announced Tuesday. HBC is hoping to trim some fat as it seeks to bolster its digital business across its flagship brands. The company expects the move will save them approximately $75 million dollars during fiscal year 2016.

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