PotashCorp Announces Major Layoffs

Posted: Dec 03, 2013 10:18 AM ET

PotashCorp Announces Major Layoffs8:30

PotashCorp has announced major layoffs. President Bill Doyle says the layoffs are necessary to keep the company competitive, and are driven by slow global growth in demand. CBC Reporter Dan Zakreski spoke with Doyle early this morning. Later, Leisha Grebinski spoke with Peter Phillips, an economist at the University of Saskatchewan about the impact this may have on the industry.

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