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Textron Says Headcount Reductions Plan Expected To Total About 1,500 Positions, Representing 4% Of Global Workforce



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April 25 (Reuters) -Textron Inc TXT.N:

  • TEXTRON INC: HEADCOUNT REDUCTIONS FOR PLAN ARE NOW EXPECTED TO TOTAL APPROXIMATELY 1,500 POSITIONS, REPRESENTING 4% OF OUR GLOBAL WORKFORCE

  • TEXTRON INC: IN Q1 OF 2024, BOTH SHADOW AND FUTURE ATTACK RECONNAISSANCE AIRCRAFT PROGRAMS WERE CANCELLED AT TEXTRON SYSTEMS AND BELL SEGMENTS

  • TEXTRON INC - SINCE INCEPTION OF 2023 RESTRUCTURING PLAN, WE HAVE INCURRED $140 MILLION IN PRE-TAX SPECIAL CHARGES

  • TEXTRON INC - EXPECT TO INCUR SEVERANCE COSTS IN Q2 OF 2024 IN RANGE OF $25 MILLION TO $30 MILLION

  • TEXTRON INC: INCREASED ITS PLANNED HEADCOUNT REDUCTION WITHIN INDUSTRIAL SEGMENT

  • TEXTRON INC - EXPECTS CHARGES UNDER PLAN TO BE SUBSTANTIALLY COMPLETED BY END OF FIRST HALF OF 2024

Source text for Eikon: [ID:n0000217346-24-000050]

Further company coverage: TXT.N


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