Whirlpool says on june 26, committed to workforce reduction plan in u.s., as part of co's continued cost reduction efforts

Whirlpool corp - on june 26, committed to workforce reduction plan in united states, as part of co's continued cost reduction efforts.whirlpool- workforce reduction plan includes voluntary retirement program, involuntary severance actions which will be effective as of end of q2 2020.whirlpool corp - expects actions to be substantially complete in 2020.whirlpool corp - estimates that it will incur a total of about $95 million in employee termination costs.whirlpool corp - expects substantially all of costs to result in cash expenditures in 2020.whirlpool corp - expects total restructuring charges of $260 million to $280 million for fiscal year 2020.
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