Brief: Thin Film Electronics Announces Corporate Restructuring
July 19 (Reuters) - Thin Film Electronics ASA THIN.OL :
* REG-THIN - THINFILM ANNOUNCES CORPORATE RESTRUCTURING
* CORPORATE RESTRUCTURING EFFORTS ARE DESIGNED TO YIELD
NEARLY $15
MILLION IN ANNUALIZED SAVINGS AT OPERATING LEVEL
* RESTRUCTURING EFFORTS WILL RESULT IN OVER A 50 PERCENT
REDUCTION
IN WORK FORCE
Source text for Eikon: ID:nGNEnS0Sk
Further company coverage: THIN.OL
((Reuters.Briefs@thomsonreuters.com;))
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