Dish Network Corp. plans to close a further 300 Blockbuster stores in the U.S. in the coming weeks, leaving the video chain with less than one-third of the stores acquired by the satellite-television company in 2011.
The closures will result in the layoffs of 3,000 employees, or about 40 percent of Blockbuster’s workforce of 7,300, a spokesman for Dish said Tuesday.
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