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Industry: Email Alert RSS FeedPolaroid - layoffs as a part of restructuring plan - Brief Article
DSN Retailing Today, March 6, 2001
Polaroid has begun a global restructuring plan to reduce overhead, realign resources and accelerate implementation of its digital strategy. Its workforce has been reduced by approximately 11%, or 950 employees. The program is expected to be complete in about 12 months, saving approximately $60 million on an annual basis.
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COPYRIGHT 2001 Lebhar-Friedman, Inc.
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