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Brazil's BRF cutting 25% of director positions as part of restructuring -source

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SAO PAULO, May 26 (Reuters) - Brazilian food processor BRF SA is cutting 25% of director positions as part of A restructuring announced after the company posted a massive first-quarter loss, according to a source familiar with the matter who was not authorized to discuss the decision publicly. (Reporting by Ana Mano; Editing by Leslie Adler)