Jan 14 (Reuters) - Reitmans Canada Ltd RETa.TO :
* Announces cost reductions to fuel long-term profitable growth
* Says it is eliminating 77 positions, or approximately 10% of its head office
employees
* Says reductions to result in severance costs of approximately $2 million in
the fourth quarter ending January 30, 2016
* Says reductions to generate projected annualized savings of approximately $6
million
* Source text for Eikon
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