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Mativ Reveals Organizational Realignment Initiatives; To Reorganize Into Two New Segments Starting In Q1 2024

Author: Benzinga Newsdesk | January 24, 2024 05:37pm

As a result of these initiatives, the Company expects to achieve an annualized run-rate of $20 million of overhead cost reduction in 2024 and an additional $20 million by the end of 2026, effectively reducing overhead costs by approximately 15% over that timeframe.

Posted In: MATV


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