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Largest Private Prison Contractor Slashes Jobs After Losing Federal Business

The country’s largest private prison contractor announced plans Tuesday to cut between 50 and 55 full-time jobs at its company headquarters in Tennessee, slashing its corporate workforce by 12 percent. The cuts are part of a restructuring that comes one month after the Department of Justice announced plans to phase out privatized prisons, following a blistering report by the department’s Office of the Inspector General concluding the facilities were less safe than government ones and not necessarily cheaper.
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