Reuters logo
BRIEF-Synaptics says ‍implemented and notified impacted employees of a reduction in force program ​
November 17, 2017 / 9:14 PM / 25 days ago

BRIEF-Synaptics says ‍implemented and notified impacted employees of a reduction in force program ​

Nov 17 (Reuters) - Synaptics Inc

* Synaptics Inc says ‍implemented and notified impacted employees of a reduction in force program ​

* Synaptics Inc - reduction in force program will eliminate about 156 employee positions and reduce global headcount by about seven percent

* Says ‍will also implement a space consolidation program impacting certain of its locations​

* Synaptics Inc - co expects reduction in force charges, having primarily of severance & other one-time benefits, to be in range of $8.0 -$10.0 million

* Synaptics - co anticipates these charges to be primarily recognized in Q2 of fiscal 2018, with additional costs to be recognized in H2 of fiscal 2018 Source text: (bit.ly/2hGIfIX) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below