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Essity Announces Cost Savings Initiative Involving Reorganization, Workforce Reductions
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Heartspace News Desk
•Source: Medtech Magazine
Photo by Anh Tuan To on Unsplash
TL;DR
Essity, a hygiene and health company, announced a cost-savings program involving reorganization and workforce reductions, as disclosed in their third-quarter report. This initiative aims to save one billion kronor annually, with full implementation and achievement of the savings expected by the end of 2026.
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Key takeaways
- Hygiene and health company Essity recently announced a comprehensive cost-savings program encompassing reorganization and workforce reductions
- The initiative was revealed alongside the company's third-quarter report
- The program aims to generate annual savings of one billion kronor
Hygiene and health company Essity recently announced a comprehensive cost-savings program encompassing reorganization and workforce reductions. The initiative was revealed alongside the company's third-quarter report.
The program aims to generate annual savings of one billion kronor. Essity anticipates full implementation and achievement of the targeted savings by the end of 2026.
Related Topics
Essitycost savingsreorganizationworkforce reductionmedtech
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