Brief: Kimball International Says Will Streamline Workforce To Align With New Organizational Structure

Kimball International

03/08/2020 23:25

Aug 3 (Reuters) - Kimball International Inc  KBAL.O :
    * KIMBALL INTERNATIONAL INC - WILL STREAMLINE ITS WORKFORCE
TO
ALIGN WITH NEW ORGANIZATIONAL STRUCTURE
    * KIMBALL - ESTIMATES IT WILL INCUR TOTAL PRE-TAX
RESTRUCTURING
CHARGES OF ABOUT $17.0 MILLION TO $18.0 MILLION RELATED TO
INITIATIVES UNDER TRANSFORMATION PLAN
    * KIMBALL INTERNATIONAL INC - TARGETING ADDITIONAL SAVINGS
IN
FISCAL YEAR 2021 RELATED TO OTHER COST REDUCTION INITIATIVES

Source: https://bit.ly/33kWqJa
Further company coverage:  KBAL.O 

 ((Reuters.Briefs@thomsonreuters.com;))