Nielsen says optimization plan includes a global reduction in force of about 3,500 employees

Nielsen announces broad-based optimization plan to accelerate transformation.nielsen holdings plc - will exit several smaller, underperforming markets and non-core businesses in second half of 2020.nielsen holdings plc - expects plan to be substantially completed in 2020.nielsen holdings plc - expects 2020 pre-tax restructuring charges of $150 to $170 million versus guidance of $120 to $140 million provided in april 2020.nielsen holdings plc - now expects 2020 pre-tax restructuring charges of $150 to $170 million.nielsen holdings plc - optimization plan includes a global reduction in force of approximately 3,500 employees.nielsen holdings plc - cash payments for severance costs will continue into late 2021.nielsen holdings plc - also estimates $40 to $50 million of non-cash, pre-tax impairment charges in q2 related to planned exits.nielsen holdings - expects overall q2 financial results to be in line with commentary provided on q1 earnings call.nielsen holdings - expects restructuring actions & permanent cost-saving initiatives to drive about $250 million in pre-tax annual run-rate savings.
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