Carpenter technology expects to record pre-tax charge of about $10 mln in q4

Carpenter technology announces additional actions to enhance long-term success.carpenter technology - plan includes reducing about 20% of co's total global salaried positions.carpenter technology - reducing positions to generate about $30 to $35 million of annual cost savings.carpenter technology - expects to record pre-tax charge of about $10 million in q4.carpenter technology- reviewing, prioritizing capital investments.carpenter technology - implementing global hiring freeze, deferring annual merit increases for most salaried employees.carpenter technology - effecting temporary furloughs for some production, maintenance, salaried employees.carpenter technology - withdrawing previously provided segment operating income outlook for current quarter.carpenter technology- expects to generate meaningful amount of cash flow in q4.
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