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January 8, 2002

FINLAND: Sock Maker Swings Jobs Axe

Finnish textile group Vogue Group Oy announced on Monday it will axe 33 jobs at its Rusko factory in Tampere, in the south-west of the country. The redundancies will affect workers from the factory's socks unit, whose duties will be transferred to Estonia for financial reasons. Following the lay-offs, the factory will employ around 65 people in its sock-making division.

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