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Twin Cities Web development firm lays off 5 percent of workforce

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A Bloomington-based Web development firm has laid off five percent of its workforce in an effort following a slump in profits, the Minneapolis-St. Paul Business Journal reports.

The Nerdery's CEO Mike Derheim wrote in a blog post Friday that 24 positions were eliminated in a restructuring move.

"As a business owner, at least for me, the worst possible decision I ever have to make is to cut people’s jobs – I hate it," Derheim wrote.

Among those cut were developers, as well as employees in human resources, sales, support and strategic information systems.

Despite the cuts, Derheim said The Nerdery plans on adding employees yet this year, but at a "manageable" pace.

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