Trex Medical cuts workforce after poor results
This article was originally published in Clinica
Trex Medical is to close two of its four factories and cut its workforce by around 15% (198 employees) in restructuring measures that will save the company between $4 million and $5 million in 2000. The measures are being taken as the company revealed "disappointing results" for the half year, as net income became a loss and sales slumped.
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