Waters to Shed Around 70 Jobs in Bid to Cut Costs in US, Europe
Waters will lay off about 70 employees in a bid to cut costs in the US and Europe, the company said in its annual report this week.
The company said it will take a one-time restructuring charge this year of $5 million to $7 million.
Waters said cost-cutting measures will conclude in the third quarter. In addition to the lay offs, Waters will close an office in the Netherlands.
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