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Manulife Consolidating Canadian Division Headquarters in Kitchener-Waterloo

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Manulife Financial Corp. is combining its Canadian division headquarters into one location in Kitchener-Waterloo, in a move that will tack up to 350,000 square feet on a market that is recovering from the downsizing of BlackBerry Ltd. As part of a plan to "transform its Canadian business," the financial services company is reducing its workforce by about 700 through a voluntary exit program and natural attrition over the next 18 months as the company...

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