1994), the researchers tried to determine the expressed rationale of CEOs for initiating their company's workforce reduction
2% primarily driven by workforce reduction
initiatives, employee benefit reductions and wage reductions implemented early in 2009 and reduced expenses related to revenue declines.
We begin by outlining the expected effects of distributive and procedural justice attributes of a voluntary workforce reduction
program on employee's reactions to workforce reductions
In addition, the Company's ability to recognize cost savings from the workforce reduction
and respond to economic conditions as they improve may be impacted by our ability to execute and maintain the workforce reduction
, control other costs, and manage any disruption to our business from the workforce reduction
Excluding the impairment charges and the workforce reduction
charge, earnings from continuing operations were $31.
NYSE: GGG) today announced a workforce reduction
as part of its efforts to align operations with current market and economic conditions.
The initiative included a workforce reduction
of approximately 13% of total U.
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.
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.
AFL Automotive recognizes the impact that this workforce reduction
will have on the lives of its employees, their families, and the community at large.
The Company expects to take a second quarter charge of approximately $275,000 to $350,000 relating to the workforce reduction