Bassett Furniture Industries Inc. plans to reduce its work force to "streamline operations and better match the company’s ...

Bassett Furniture (BSET) Industries announced certain work force reductions designed to both streamline operations and better match the Company’s cost structure to the current rate of business.

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 ...