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Coal Miner Murray Said to Plan 1,800 Layoffs Amid Slump

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Murray Energy Corp., the closely held U.S. coal miner founded and run by Robert E. Murray, plans to lay off a quarter of its workers -- about 1,800 people -- amid a slump in demand, according to a person familiar with the situation.

The plan hasn’t been finalized as talks with union representatives are continuing, said the person, who asked not to be identified because the information hasn’t yet been made public.