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Stock impact report

BRIEF-Digi International To Eliminate About 60 Employment Positions [Reuters]

Digi International Inc. (DGII) 
Last digi international inc. earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/4i-m.url
Company Research Source: Reuters
BRIEF-Digi International To Eliminate About 60 Employment Positions | Reuters Reuters Staff 1 Min Read April 4 (Reuters) - Digi International Inc: * DIGI INTERNATIONAL SAYS ANNOUNCED RESTRUCTURING PLAN ON APRIL 2 UNDER WHICH CO TO ELIMINATE ABOUT 60 EMPLOYMENT POSITIONS - SEC FILING * THE 60 EMPLOYMENT POSITIONS TO BE ELIMINATED SPAN CURRENT FISCAL QUARTER ENDING JUNE 30 AND SUBSEQUENT FISCAL QUARTER ENDING SEPT. 30 * RESTRUCTURING PLAN EXPECTED TO RESULT IN TOTAL ANNUALIZED SAVINGS OF ABOUT $3 MILLION TO $5 MILLION * AS PER RESTRUCTURING PLAN, CO TO TRANSFER ITS EDEN PRAIRIE OPERATIONS MANUFACTURING FUNCTIONS TO EXISTING CONTRACT MANUFACTURE SUPPLIERS Source text: ( bit.ly/2H8TEcR ) Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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