La-z-boy announces moves to strengthen and re-align business

La-z-boy announces moves to strengthen and re-align business.la-z-boy inc - will reduce global workforce by about 10%, or about 850 employees, across manufacturing, retail & corporate locations.la-z-boy inc - closure of newton, mississippi upholstery manufacturing facility.la-z-boy - production will be shifted to available capacity at co's dayton, tennessee, neosho, missouri, & siloam springs, arkansas plants.la-z-boy inc - expects to incur about $5 million to $7 million in fiscal 2021 of one-time pre-tax charges related to re-aligning.
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