Tuesday, November 10, 2020

Fort Mill-based Domtar takes big third-quarter loss due to restructuring, cost-cutting measures

Domtar announced earlier this year it would aim to cut $200 million in annual spending by the end of the year and reduce its workforce by nearly 800 employees. Costs related to the restructuring hit the company's bottom line in the third quarter.


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/11/10/domtar-big-loss-restructuring-q3-2020-earnings.html?ana=RSS&s=article_search

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