Wolseley to Cut More Jobs

Wolseley plc will cut 250 jobs in the United States and Canada and close 90 branches, according to reports in Industrial Distribution and the Daily Press in Newport News, Va. Two hundred of those jobs and 75 of the branches are at Ferguson Enterprises locations in the United States.

Wolseley is the world’s largest distributor of plumbing and building supplies. Its U.S. operations, Ferguson Enterprises and Stock Building Supply, are suffering through 20-percent declines this year becau

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