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Global workforce expected to be cut 4%.
January 14, 2009
By: TOM BRANNA
Editor
Ecolab Inc. plans to undertake restructuring and other cost-saving actions as it streamlines and improves its global business. These anticipated actions will result in a Special Charge in the fourth quarter of 2008 as well as a restructuring Special Charge in 2009, and will produce significant annual cost savings as well as a more efficient organization. “The restructuring steps we’re taking are designed to better position the company for today’s economic conditions and the...
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