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Company Town Annex

October 01, 1994|From Times Staff and Wire Reports

Sara Lee Corp. said its restructuring effort will cut its worldwide work force by 9,900 employees, an increase over the 8,300 jobs losses it predicted last spring. . . . Toyota Motor Corp.'s Lexus Division said it will hold the line on the U.S. price of its redesigned 1995 LS 400 luxury car at $51,200, unchanged from the 1994 model it replaces.

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