CCA Announces Corporate Restructuring and Cost Reduction Plan – GlobeNewswire (press release)

NASHVILLE, Tenn., Sept. 27, 2016 (GLOBE NEWSWIRE) — Corrections Corporation of America (NYSE:CXW) (the Company or CCA), America’s largest owner of partnership correctional, detention, and reentry facilities, today announced a restructuring of the Company’s corporate operations and implementation of a cost reduction plan.  CCA expects that 50 to 55 full time positions will be eliminated…