Bassett Furniture Trims Workforce Further as Tight Spending, Housing Market Compound Challenges
Bassett Furniture Industries is trimming its workforce further in an effort to get its cost structure in line with its rate of business, reflecting challenges in the housing market and more judicious ...
Bassett Announces Additional Cost Structure Reductions and Updates Progress on Restructuring Plan
The Company further announced that it continues executing on its five-point restructuring plan announced on July 10, 2024 which is projected to provide between $5.5 million and $6.5 million of annual ...