Progress-Werk Oberkirch AG: PWO expands cost-cutting program at Oberkirch site to include personnel measures
(WorldNews Germany)

October 6, 2020 - 15:00 Progress-Werk Oberkirch AG / Key word(s): Miscellaneous Progress-Werk Oberkirch AG: PWO expands cost-cutting program at Oberkirch site to include personnel measures 06-Oct-2020 / 15:00 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. - Structural changes in the automotive industry and corona crisis require a reduction of 150 to 200 employees - The program is estimated to require personnel expenses of EUR 10 million in the current fiscal year - Savings...