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Hallmark to cut 325 jobs at KC HQ

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Hallmark Cards Inc. announced plans to cut 325 jobs at its Kansas City headquarters.

The cuts are part of 400 layoffs being made worldwide.

"The way people shop and the competitive dynamics in the marketplace are changing at a pace and at a degree that is having a significant impact on our businesses," CEO Mike Perry said in a statement.

Read more from The Associated Press.

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