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Hewitt Associates sees charge for restructuring

Fri Mar 14, 2008 10:33pm IST
 
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March 14 (Reuters) - Human resources services company Hewitt Associates Inc (HEW.N: Quote, Profile, Research) said it expects a charge of $16 million to $23 million related to the restructuring one of its outsourcing contracts during the second quarter.

The company, in a regulatory filing, said $4 million of the total charge was previously reserved in the first quarter. (Reporting by Purwa Naveen Raman in Bangalore; Editing by Amitha Rajan)

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