Exact(15)
Accenture said it would not take a restructuring charge in connection with the cuts.
It will also take a restructuring charge of at least $1.2 billion.
Merck said it would take a restructuring charge of $140 million to $200 million in the fourth quarter.
The closure is expected to save it $60m of costs a year, but it will take a restructuring charge of $10m.
It expects to take a restructuring charge of less than $5 million in the third quarter related to job cuts associated with its cost-saving program.
To cover the cost of all these moves, it said yesterday that it would take a restructuring charge of $1.2 billion to $1.6 billion at the end of the current quarter.
Similar(41)
Electrolux took a restructuring charge of 1.12 billion kronor in 2000.
If your company takes a restructuring charge every year, maybe it is not an abnormal item.
The company's chairman, Gary DiCamillo, told analysts that the company would consider taking a restructuring charge.
It took a restructuring charge in response to "deteriorating market conditions in Europe".
Time Warner said it would spend a total of about $570 million in cash in the Roadrunner transactions, while also taking a restructuring charge of $20 million to $40 million in the fourth quarter.
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