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BREAKING NEWS
Gold Falls to $1,319.76, Lowest Level in More Than Two Years

H&R Block to Cut 350 Jobs, Search for New Finance Chief

H&R Block Inc. (HRB), the biggest U.S. tax preparer, plans to cut 350 jobs and close about 200 company- owned offices as part of a realignment.

Also, H&R Block said it is searching for a new chief financial officer and that CFO Jeff Brown will remain with the company during the search process. Once a successor is found, Brown will transition to chief accounting and risk officer, the Kansas City, Missouri-based company said in a statement.

To contact the editor responsible for this story: Will Daley at wdaley2@bloomberg.net

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