Thursday, October 23, 2008

Wolseley to close 86 U.S. branches and cut 3,000 jobs

Wolseley to close 86 U.S. branches and cut 3,000 jobs

LONDON (Reuters) - Wolseley (WOS.L: Quote, Profile, Research) said on Thursday it planned to restructure its loss-making U.S. building materials business by closing branches, leaving some states and cutting another 3,000 jobs. The company, which says it is the world's largest specialist trade distributor of plumbing and heating products

Posted by mark @ 10:54 AM (514 views)
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