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BRIEF-Haemonetics says ‍on Nov 1, board approved complexity reduction initiative program
November 7, 2017 / 11:43 AM / 11 days ago

BRIEF-Haemonetics says ‍on Nov 1, board approved complexity reduction initiative program

Nov 7 (Reuters) - Haemonetics Corp:

* Haemonetics - ‍on Nov 1, board approved complexity reduction initiative program, which includes a reduction of headcount and operating costs

* Haemonetics Corp- ‍expect savings from program of about $80 million on an annualized basis once program is completed​

* Haemonetics says expects to incur between $50 million and $60 million to streamline organizational structure - SEC filing Source text: (bit.ly/2ybZhl9) Further company coverage:

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