Economic concerns in the U.S. and abroad has led to 115 layoffs and office realignment at FTI Consulting, the company announced, which is a 3 percent downsizing of the company’s workforce.
FTI Consulting (NYSE: FCN) said in a news release Friday that it would consolidate office space at six leased locations. The employees were told June 29 of the forthcoming layoffs and are concentrated in two business segments most affected by the current economic conditions, the company stated.
“The Company expects that these actions in combination with other actions taken over the last 100 days will result in operational savings of approximately $14 million over the remainder of 2012,” the release states.
via West Palm Beach-headquartered FTI Consultants announces layoffs | www.palmbeachpost.com.
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