NASCAR lays off dozens of employees in several departments

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NASCAR on Friday laid off several dozen employees in a long-rumored belt-tightening amid the proposed merger with ISC. While the total number of employees laid off could not be determined, it represents less than 5% of the workforce. The layoffs are said to have hit several different departments in both competition and business operations. NASCAR called it a strategic reallocation of resources and said in a statement, "As all good businesses do, NASCAR is committed to strengthening its operation...

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