SRAM to lay off 40 workers

By Stephen Frothingham

CHICAGO (BRAIN) — SRAM announced Tuesday that is laying off about 40 employees across its international operations. The company said, “the objective is to reshape the organization for a future that is more aligned with the competitive dynamics of the industry.”

SRAM’s president, Stan Day, said, “No one ever wants to be in position to request that people leave an organization, but sometimes it has to happen. I am confident that this restructuring positions us …read more

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