Standard Register Seeks to Save $45 Million
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DAYTON, OH—Standard Register is embarking on a strategic restructuring program to better align the company’s resources in support of its growing core solutions business and to reduce costs to offset the impact of declining revenue in its legacy operations. The restructuring is expected to result in an estimated $45 million in annual savings and the elimination of 12-15 percent of its workforce during the next six to nine months.
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