PSD company has announced its decision to cease operations at 4 business locations due to poor business performance and to optimize operating costs. The affected locations are in areas with low customer traffic and have not achieved expected revenue or profit. The leadership stated that they will reassess their business strategy and focus on areas with more potential. Employees at these locations will also be supported with transfers to other branches or appropriate compensation. This decision aims to improve the company’s financial situation in the context of fierce market competition.
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