USG Corp. (USG) Dips; Will Report Job Cuts in FY12, Being Careful About Re-Hiring
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(corrected) USG Corp. (NYSE: USG) is lower Thursday as the company makes comments at a C.L. King Conference this morning.
According to headlines, the Company is expecting continued job cuts after laying off 4,700 over the 6 year period 2006-2012.
USG also reaffirms CapEx plans of $75 million for 2012.
UPDATE: 2012 layoffs totaled 30, according to the company.
According to headlines, the Company is expecting continued job cuts after laying off 4,700 over the 6 year period 2006-2012.
USG also reaffirms CapEx plans of $75 million for 2012.
UPDATE: 2012 layoffs totaled 30, according to the company.
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