AUSTRALIA: Underwear Firm Holeproof Axes Nearly 200 Jobs
Melbourne-based underwear manufacturer Holeproof announced on Friday it will axe nearly 200 staff and shut its factory in the city#;s Fitzroy district.
Up to 70 workers have already been dismissed and a further 30 staff from the firm's Nunawading factory will lose their jobs in the next few months while the entire workforce of 83 staff from the Fitzroy sewing plant be laid off by August.
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