Excluding the non-cash impairment charges and workforce reduction
charges in the fourth quarter of 2009 and 2008, total operating expenses were $94.
Excluding the after-tax non-cash impairment and workforce reduction
charges, basic and diluted earnings per share of class A and B common stock from continuing operations were $0.
In 1993, nonoperating items totaled $63 million, or 56 cents per share, including an after-tax charge of $76 million, or 67 cents per share, for workforce reduction
costs and selected asset write-downs.
8 million and the pre-tax workforce reduction
charges of $3.
Its points include: administrative workforce reduction
, phase out of low-margin products, tighter control of travel costs and a decrease in external costs across the company.
Such statements, including the expected annualized savings from the Thomasville, Georgia facility consolidation and workforce reduction
, and the improved profitability resulting from the Company's cost control initiatives, involve risks and uncertainties which cannot be predicted or quantified and which may cause future activities and results of operations to differ materially from those discussed above.
Although no specific workforce reduction
plans have been announced, the threat of job cuts loom large, especially for employees with the companies being acquired," said Challenger.
NYSE: NYX) today announced a workforce reduction
of more than 500 positions, including approximately 400 employees and 120 full-time consultants, from its NYSE, NYSE Arca and Securities Industry Automation Corporation (SIAC) business units.
Although the government's recent report regarding increased job growth offers some encouragement to job seekers, it is not a panacea to the workforce reduction
The Company expects to take a second quarter charge of approximately $275,000 to $350,000 relating to the workforce reduction
On 05/31/06, SUNW outlined a plan approved by its Board of Directors in which it will be lowering costs, accelerate profitability and, as a part of both, implementing a workforce reduction
of up to 5,000 employees.
The major component of the charge is a company-wide workforce reduction
of approximately 6,000 employees.