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La-Z-Boy Terminating 10% of Its Workforce

01:08am, Friday, 05'th Jun 2020
Well-known recliner and furniture maker La-Z-Boy (NYSE: LZB), finding the COVID-19 environment a poor fit for its business model, is acting to streamline its operations by terminating employees and cl
La-Z-Boy Inc. said late Thursday it will lay off about 10% of its workforce, or 850 employees, across its business and including an upholstery factory in Mississippi. Production will be shifted to av
La-Z-Boy Incorporated (LZB), a global leader in residential furniture, today announced initiatives designed to strengthen the company and position it to thrive in the new external environment, marked
Everyone seems to be buying a new bed during the COVID-19 pandemic.
La-Z-Boy, one of the most recognized brands in the furniture industry, is launching a new campaign called "One Million Thanks" that honors the sacrifices of frontline healthcare workers throughout the
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index wa
Flexsteel Industries is a furniture manufacturer facing major troubles from the COVID-19 pandemic. They have a strong cash position making them well-equipped to
Asset Advisors Investment Management LLC increased its holdings in shares of La-Z-Boy Incorporated (NYSE:LZB) by 12.0% during the first quarter, according to its most recent filing with the Securities
Furniture retailer La-Z-Boy Inc said on Wednesday it would partially resume production at several U.S.-based plants next week after temporarily shutting them down in response to the COVID-19 pandem…
Furniture retailer La-Z-Boy Inc said on Wednesday it would partially resume production at several U.S.-based plants next week after temporarily shutting them down in response to the COVID-19 pandemic.
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