Forum energy technologies says implemented several cost reduction actions, including lowering headcount

Forum energy technologies inc - implemented several cost reduction actions, including lowering headcount.forum energy technologies inc - implemented for select employee groups and closing certain facilities.forum energy technologies - experienced material reduction in demand for many of products and thus, its revenue.forum energy technologies - expects to have significant negative impact on demand for products, results of operations over next several qtrs.forum energy technologies inc - engaged with certain stakeholders and exchange transaction to improve its maturity profile.forum energy technologies - if proposed transaction, are not successful, co will need to consider other alternatives, including bankruptcy.
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