Block to Drop Jobs and Close Stores
- Thursday, 26 April 2012
- News
H&R Block is restructuring its organization with plans to eliminate 350 jobs and close 200 company-owned stores. It also announced that Philip L. Mazzini, president of Retail Tax Services, has resigned effective April 30. Block also said that total returns prepared for the 2012 tax season were up 4.5 percent over a year ago. But that was because online returns outpaced sluggish growth at retail stores.
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