Reynolds American (RAI)

Townhall.com is reporting that Reynolds is offering buyouts to about 1,800 workers at its North Carolina factories to cut costs. Reynolds spokeswoman Jan Smith says there are other productivity improvements and cuts it could make in manufacturing, depending how many employees take the buyout, which includes severance pay.
Here is another sign that the unemployment rate is going to have trouble improving as another company announces plans to cut back. In the long run this is good for Reynolds' stock as they make sure they reduce costs as much as possible considering cigarette sales are declining.

Dec 4 · 3:45:00 PM · Source: Townhall.com
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by Rich Pike