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Mosaic Group Inc. (TSX:MGX) announced today that it has implemented a number of operational restructuring measures designed to more closely align the cost structure with the Company's level of business activity. The measures reflect the commitments made by the Company on December 17, 2002 when it initiated the Court-supervised restructuring of its debt obligations and capital structure.
Mosaic's Marketing and Technology Solutions (MMT), and Performance Solutions divisions have reduced staffing levels by approximately 35 and 25 respectively to bring employee numbers in line...
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