Baldwin Implements Restructuring Plan; To Cut Workforce by 12 Percent
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“While the current market is very challenging, I am confident that our decisive steps to strengthen our market position and to control and reduce our costs will position us to remain financially sound and emerge as an even stronger company,” Puehringer concluded.
The company will provide additional details on these matters in its second fiscal quarter report on February 12, when Baldwin will also host a conference call with investors.
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