L.B. Foster Continues Enterprise Restructuring
L.B. Foster Continues Enterprise Restructuring
lb福斯特继续企业重组
The Company continued an enterprise restructuring program aligned with its long-term strategy to reduce costs and enable investment in its growth platforms. The recently-announced restructuring action is expected to be completed in second half of 2024 and, along with net enterprise attrition, is expected to impact approximately 40 salaried employees, or 7%, of salaried workforce.
本公司继续推进企业结构调整计划,以符合其开多期战略,从而降低成本并为其增长平台进行投资。最近宣布的重组行动预计将于2024年下半年完成,加上企业净流失,预计将影响约40名薪资员工,占薪资员工总数的7%。
Annual run rate savings are expected to be $4.5 million, with $2.0 million expected in 2024. Charges associated with the restructuring are expected to be approximately $1.5 million in the 2024 second half.
预计年度开多节约为450万美元,其中2024年预计为200万美元。与此重组相关的费用预计将约为2024年下半年的150万美元。