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Gildan Activewear Inc.

12:41 PM EST - Gildan Activewear Inc. : is cutting about 545 jobs in the United States and Canada as it moves more of its operations to lower-cost Honduras and the Dominican Republic to be globally competitive. Montreal-based Gildan said Wednesday it is eliminating about 210 jobs in Canada and 335 in the United States. Gildan Activewear Inc. T.GIL are trading unchanged at $55.41.