Oct 14 (Reuters) - Digi International Inc  DGII.O :
    * DIGI INTERNATIONAL INC - ON OCT 7, BOARD APPROVED A
REORGANIZATION OF DIGI’S IOT PRODUCTS AND SERVICES BUSINESS
SEGMENT
    * DIGI INTERNATIONAL INC - THE PLAN ALIGNS THE BUSINESS
SEGMENT’S
ORGANIZATION AROUND PRODUCT LINES.
    * DIGI INTERNATIONAL INC - UNDER THE PLAN, EXPECTS TO
ELIMINATE
ABOUT 20 EMPLOYMENT POSITIONS DURING CURRENT FISCAL QUARTER
ENDING DEC 31, 2020
    * DIGI INTERNATIONAL-TO INCUR TOTAL RESTRUCTURING CHARGES IN
RANGE
OF $750,000-$850,000 RELATING TO CASH SEVERANCE EXPENSES DURING
QUARTER ENDING DEC 31, 2020

Source text for Eikon: [ID: https://bit.ly/2GZQ48V]
Further company coverage:  DGII.O 

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