Exela Technologies (XELA) Announces Updates to 2023 Operational Performance Improvement Objectives

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Exela Technologies Announces Updates to 2023 Operational Performance Improvement Objectives

March 6, 2023 8:45 AM EST

Target estimated savings in the range of $65-$75 million for 2023 Process automation, Work from Anywhere and Anytime solutions lead realignment

IRVING, Texas, March 06, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (Exela or the Company) (NASDAQ: XELA, XELAP), a global business process automation leader, today announced updates to its 2023 operational performance improvement objectives. During the fourth quarter, the Company announced operational performance improvement targets by focusing on automation led efficiencies. The company has identified additional savings to help restore historically higher margins relative to... More