Analyze the sentiment of this statement extracted from a financial news article. Provide your answer as either negative, positive, or neutral.
Text: stores 16 March 2010 - Finnish stationery and gift retailer Tiimari HEL : TII1V said yesterday that it will cut a total of 28 jobs in its units Tiimari Retail Ltd and Gallerix Finland Ltd as a result of the closure of shops .
Answer:
negative