Brief: Quickstep Says Significant Restructuring Of Structures Business Unit

Quickstep Holdings

26/06/2024 02:33

June 26 (Reuters) - Quickstep Holdings Ltd  QHL.AX :
    * SIGNIFICANT RESTRUCTURING OF STRUCTURES BUSINESS UNIT AND
ASSOCIATED SUPPORT FUNCTIONS AT ITS BANKSTOWN FACILITY
    * CHANGES IN STRUCTURES BUSINESS UNIT WILL SEE REDUCTION IN
DIRECT
PRODUCTION HEADCOUNT OF 20%
    * REDUCTION OF 35% OF HEADCOUNT TO BE IMPLEMENTED ACROSS ALL
SUPPORT TEAMS IN  CORPORATE SUPPORT FUNCTIONS
    * CHANGES EXPECTED TO DELIVER ANNUALISED COST SAVINGS OF
CIRCA
A$5M


Further company coverage:  QHL.AX 

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