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Mondragon Head Quits Spain's huge conglomerate Mondragon, which employs 80,000 people worldwide, announced Friday the resignation of its president, Txema Gisasola, and the opening of a "period of reflection" in the face of economic troubles.Gisasola's departure comes two months after Mondragon's loss-making appliance making business, Fagor that employed 5,700 people internationally, filed for bankruptcy.