Kelly Restructure To Cost 12M?
Kelly Services has filed a 10-K with the U.S. Securities and Exchange Commission outlining its restructuring plans for its United Kingdom operations. It calls for reducing staff by approximately 350, although the number of U.K. branches to be closed hasn't yet been determined. The plans call for the restructuring to finish by the end of this year.
Kelly estimates the cost of the restructuring at approximately 12-16 million.
The filing said that Kelly previously restructured its U.K. operations in 2007, closing 22 branches.