Posted August 18, 2004

Premium Lock Indus To Cut 70 Jobs as Part of Restructuring

Published: 2004-08-18 05:46:49
Updated: 2004-08-18 05:46:49

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Indus said the cuts would produce a charge of up to $1.8 million. The reductions include professional services personnel. Indus said it is beginning to partner more with systems integrators, reallocating resources, and consolidating all North American accounting functions in Atlanta.

Indus said the changes should produce savings of $8-9 million a year.

Indus: www.indus.com

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