Hill-Rom Holdings Inc

NYSE:HRC  
110.16
+1.70 (+1.57%)
4:00:00 PM EDT: $110.25 +0.10 (+0.09%)
Debt Financing / Related, Layoffs, Other Pre-Announcement

Hill-Rom Holdings Inc - Committed To Workforce Reduction Plan

Published: 09/15/2020 22:26 GMT
Hill-Rom Holdings Inc (HRC) - Hill-rom Holdings Inc - Committed to Workforce Reduction Plan.
Hill-rom Holdings Inc - Workforce Reduction Plan Includes Voluntary Retirement Program and Involuntary Severance Actions.
Hill-rom Holdings Inc - Expects Actions Associated With Workforce Reduction Plan to Be Substantially Complete in Fiscal 2021.
Hill-rom Holdings Inc - Estimates Will Incur Restructuring Charge of Approximately $35 Million Related to Workforce Reduction Plan.
Hill-rom Holdings Inc - Expects Substantially All of Restructuring Charge to Result in Cash Expenditures in Fiscal 2021.