Brief: Retractable Technologies, Inc. Announces Workforce Reduction
09/04/2026 23:01
April 9 (Reuters) - Retractable Technologies Inc RVP.A: RETRACTABLE TECHNOLOGIES, INC. ANNOUNCES WORKFORCE REDUCTION RETRACTABLE TECHNOLOGIES INC - REDUCES WORKFORCE BY ABOUT 16% RETRACTABLE TECHNOLOGIES INC - REDUCTION EXPECTED TO SAVE $2.2 MILLION IN ANNUAL WAGES AND BENEFITS RETRACTABLE TECHNOLOGIES INC - ESTIMATED ONE-TIME SEPARATION PAYMENTS OF $122 THOUSAND TO AFFECTED WORKERS RETRACTABLE TECHNOLOGIES INC - 58% OF PAYROLL REDUCTION AFFECTS MANUFACTURING SUPPORT POSITIONS; REMAINDER AFFECTS SALES AND SUPPORT ROLES Source text: ID:nBw8dlyr2a Further company coverage: RVP.A ((Reuters.Briefs@thomsonreuters.com;))
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