Brief: Progress-Werk Announces Workforce Adjustments At Oberkirch Site

PWO AG

30/08/2021 11:08

Aug 30 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * INTENSIFIES 'OPERATIONAL EXCELLENCE' FUTURE PROGRAM AT ITS
OBERKIRCH PRODUCTION SITE
    * NO FURTHER IMPACT ON EBIT BEFORE CURRENCY EFFECTS IN 2021
FISCAL
YEAR
    * WORKFORCE ADJUSTMENT AS PART OF SITE RESTRUCTURING
ANNOUNCED IN
LATE 2020
    * BY START OF 2022, WE WILL HAVE INTRODUCED A PRODUCT
LINE-ORIENTED MATRIX ORGANIZATION IN PRODUCTION THAT ALLOWS
SUPPORT FUNCTIONS TO BE INTEGRATED INTO EXISTING AREAS

Source text for Eikon:  ID:nEQ9snCf4a 
Further company coverage:  PWOG.DE 

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