01:19 PM EST - Linamar Corp. : said it will announce about 400 layoffs later on Thursday. The layoffs will be spread out across Linamar's 38 plants worldwide, 22 of which are in Guelph, Ontario, and come on top of slightly under 400 workers already on layoff, a company spokeswoman said. Linamar Corp.
shares T.LRN are trading up 34 cents at $11.50.
