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Dallas-based Money Gram cutting 90 jobs by the end of Q1

Dallas-based Money Gram, the cash transfer business, is planning to eliminate as many as 90 jobs soon.

In regulatory paperwork filed with the Securities and Exchange Commission this week, Money Gram says the cost of the reductions will be nearly $10 million with about two-thirds of that coming from severance packages.


The company says it plans to complete the process by the end of the first quarter.