Office-furniture maker Steelcase cut jobs in the first quarter. And more cuts could be coming.




Shares of Steelcase Inc. fell after hours on Wednesday, after the office-furniture maker’s second-quarter outlook disappointed investors, amid weaker demand from its government customers and in Europe that could bring more cuts after a recent round of layoffs.



Source link

More From Author

Last chance: Transfer Amex points to Hawaiian Airlines (and Alaska Airlines) by June 30

A 1,000-room Hyatt with a casino could be coming to Manhattan

Leave a Reply

Your email address will not be published. Required fields are marked *