Iron mountain inc - on oct. 29 co commenced a global program called project summit

Iron mountain inc - on october 29 co commenced a global program called project summit.iron mountain - as a result of program, expect to reduce number of vice president level and above positions by about 45%.iron mountain - total program is expected to reduce total managerial and administrative workforce by about 700 positions over next two years.iron mountain inc - expect project summit to improve adjusted ebitda by approximately $80.0 million in 2020.iron mountain inc - estimate that implementation of project summit will result in total restructuring charges of approximately $240.0 million.iron mountain inc - activities associated with project summit will begin in q4 of 2019 and are expected to be substantially complete by end of 2021.
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