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FamilyMart to trim 10% of staff in Japan to reduce bloat

Convenience store chain extends more financial aid to struggling franchises

FamilyMart will increase monetary aid to franchisees to deal with Japan's labor shortage.

TOKYO -- Convenience store operator FamilyMart will shed about 800 jobs, or about 10% of its Japanese workforce, to address inefficiencies following a series of mergers and acquisitions.

Severance packages will be offered to volunteers by February under plans announced Thursday, generally targeting those 40 and older.

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