CHICAGO, Jan. 5, 2018 /PRNewswire/ — Heidrick & Struggles (Nasdaq: HSII), a premier provider of executive search, leadership assessment and development, organization and team effectiveness, and culture shaping services, today announced a restructuring plan to reduce overall costs and improve efficiencies in its operations over the next several months. The expected annual cost savings from the restructuring ranges from $11 million to $13 million.
The primary components of the restructuring include: the elimination of two executive officer roles for a flatter leadership structure; a workforce reduction…
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