Moore Continues Streamlining Efforts
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Two weeks later, the company announced it was shaving 400 non-customer-critical positions in its U.S. operations, completing Moore's employment reduction target of 10 percent. The eliminated jobs are slated to save the company approximately $20 million.
The company also embarked on an initiative called Project PROFITS, which is aimed at streamlining and reducing the cost of its information technology activities. Moore appointed Robert L. Sell to the position of vice president and chief information officer to lead the undertaking.
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