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Home Hardware lays off staff in response to 'economic landscape'

A man walks out of the Home Hardware store at the Pioneer Park Plaza in Kitchener on Sunday, April 17, 2016. A man walks out of the Home Hardware store at the Pioneer Park Plaza in Kitchener on Sunday, April 17, 2016.
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Some Home Hardware employees are out of a job after the company announced layoffs on Tuesday.

Kevin Macnab, Home Hardware’s president and CEO, confirmed employees were let go but would not say how many.

In a statement emailed to CTV News on Wednesday, he said: “Yesterday was a difficult day at Home Hardware Stores Limited as we implemented a necessary reduction in our workforce to ensure the long-term sustainability and growth of our business in response to the constraints of the current economic landscape. As a privately held company, we are not disclosing the number of positions affected, however Home Hardware Stores Limited conducted a careful, thoughtful, and comprehensive review to minimize the impact on our valued team members and dealers.”

The company’s headquarters are in St. Jacobs

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