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BRIEF-Universal Technical Institute to cut jobs

Oct 1 (Reuters) - Universal Technical Institute Inc :

* Announces reduction in workforce

* Says cutting about 50 jobs

* Says the headcount of UTI following these reductions is approximately 2,200

employees

* Severance and outplacement charges relating to the reduction in workforce

will total $1.9 million

* Student starts for three months ending September 30, 2012 seen to be slightly

lower than last year

* Workforce reduction to provide expense savings in compensation in 2013 of

about $5.0 million

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