Interface Inc.

NASDAQ:TILE   12:52:57 PM EDT
15.02
0.00 (0.00%)
Debt Financing / Related, Layoffs, Restructuring / Reorganization

Interface - Committed To New Restructuring Plan That Continues To Focus On Efforts To Improve Efficiencies & Decrease Costs Across Its Worldwide Operations

Published: 09/10/2021 13:43 GMT
Interface Inc. (TILE) - Interface - Committed to New Restructuring Plan That Continues to Focus on Efforts to Improve Efficiencies & Decrease Costs Across Its Worldwide Operations.
Interface - Plan Involves Reduction of About 188 Employees and Closure of Co’s Manufacturing Facility in Thailand at End of Q1 2022.
Interface - Expects to Incur Pre-tax Restructuring Charges Between Q3 2021 and Q4 2022 of About $5.4 Million.