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

H&R Block Inc., 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.